I don't take chart patterns very seriously because there's a deeper science as to why these patterns play out in the chart. But from a technical head and shoulders standpoint, the target out of this would be down at the 1 hour front side level. This is not a short signal. Just reminder to be cautious holding a long. Potential knife catch could be around 55350 for a quick scalp.
Note
(This is not a short signal)
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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.