H&S formed that's a reversal pattern & it has now been broken & retested making past support future resistance, there's also an engulfing bearish candle on H2.
Zone broken below with momentum. Bulls took over pushing the market up & our zone is now being retested & pullback has reached our 50.0 fib levels which aligns with our zone. Now patiently waiting for candle confirmation to sell the market.
sell momentum still strong on the smaller timeframes. Looking to take it to my target where the the ray line is. Broke below my zone area. Already have an entry but I’m careful if it decides to come back & retest our zone for it to drop even further.
