-The daily chart is showing a Head and shoulders pattern, with the right shoulder complete, as indicated by the last daily close.
- H4 is also showing a Head and Shoulders Pattern with the right shoulder complete. Additionally, Price reached a major supply zone (Circled areas) and fell, forming a head pattern and a lower high.
- Price has formed a lower high and lower low on H1, and the last candle's close was an inverse bearish pin bar.
Risk - 40 pips
Reward - 159 pips
- H4 is also showing a Head and Shoulders Pattern with the right shoulder complete. Additionally, Price reached a major supply zone (Circled areas) and fell, forming a head pattern and a lower high.
- Price has formed a lower high and lower low on H1, and the last candle's close was an inverse bearish pin bar.
Risk - 40 pips
Reward - 159 pips
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