I'm expecting a trend-following short trade from the current daily resistance level. On the 1-hour chart, a cute head and shoulders pattern has formed, and its neckline has already broken below. Now, on the retesting phase, I plan to enter the trade.
Entry 1.64455
Stop loss 1.6530
Targets 1.6327 & 1.6277
Entry 1.64455
Stop loss 1.6530
Targets 1.6327 & 1.6277