thoughts on this

In the daily TF we can see a market structure shift to the downside, I've drawn a trendline that is now acting as resistance with 2 touches. In the 4hr TF we can see a clear head and shoulders pattern indicating a reversal, we can also take a look at recent market structure where we have a LH, LL,LH and now we can wait for price to potentially break the previous LL and then giving us a break and retest formation. after this we could look for potential entries in the 1hr TF.

this is not financial advice, enter at your own risk.
Head and ShouldersSupply and DemandTrend Analysis

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