Price has formed a pretty nice shoulder and head. Now waiting on price action confirmation for the second shoulder to form. This looks great to short.
Another catalyst is the broken trendline, indicating a reversal of trend.
Let's wait for London to open and see how this trade will do!
Market's been making LHs and LLs for the past weeks and broken a support line. Now I'm looking to short when price makes the pullback to the resistance line.