Looks like an Head & Shoulders formation is almost complete. I'm waiting for price to breakout below the neckline to go short.
Short entry on break of the recent low candles @ 0.7067
SL above trendline resistance @ 0.7124
TP at horizontal support @ 0.6950
Short entry on break of the recent low candles @ 0.7067
SL above trendline resistance @ 0.7124
TP at horizontal support @ 0.6950
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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.