Price retesting broken level and formed possible head and shoulders will look for the break of the neckline and close on h1 or H4 to enter short
Note
if we do not break and close below the neckline then the trade is invalid and we dont take itNote
price has went up towards the head so the head and shoulders idea is invalid
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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.