Market has printed a head and shoulder pattern that is typical for reversal. Setup is looking good for 100+pips to the downside.
Trade active
risk free trade with stop profit placedTrade closed manually
stop profit hit. waiting on further price action to determine if another setup is presented
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.