Looking for the right tip of the Kings Crown
Updated
While the Head and Shoulder pattern was used. The pattern waiting for identification is the King's Crown. I am awaiting confirmation on the market to continue to the downside heading to the D extension long term at 1.48000. Awaiting the sell-high opportunity. The direction of the highest probability is bearish. I will stay on the side until the crown has been confirmed with a bearish candlestick formation.
Trade closed manually
Profits are taken to avoid holding positions over the weekend. Patience paid out and will wait again for another trading opportunity.
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