Head and shoulders pattern has formed and broken the neckline, currently around the testing area for the neckline. Just looking for the signal to enter. I will move my Stop loss to entry when i deem appropriate due to price being near a long term trend line, but with this pattern formed its an indication it may break this trend line. Information is on the chart:)
Note
Still Valid I believe, just waiting for signs of the reversal
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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.