Might be jumping the gun here but the potential of a Head&Shoulders pattern presents a decent opportunity to go short with an excellent R:R
If the market can't sustain 151.40 we can expect price to retest the swing low at the completion of the pattern;
approximately the 147.50 level.
A roughly 350 pip target. SL @ 152.08 is appropriate.
If the market can't sustain 151.40 we can expect price to retest the swing low at the completion of the pattern;
approximately the 147.50 level.
A roughly 350 pip target. SL @ 152.08 is appropriate.
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SL triggered