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Broken neckline of head and shoulders
Target is value area low. Would ideally see ABC and be able to fade B down to C.
Short bias but only scalping since must be wary of a pullback since it's not clear where A is on the chart.
Once a big green bar forms it will be much easier to project the location of B and be more aggressive with shorts.
Short bias but only scalping since must be wary of a pullback since it's not clear where A is on the chart.
Once a big green bar forms it will be much easier to project the location of B and be more aggressive with shorts.
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