After another re-test of the neckline and 4H 200 SMA it looks like the broader head and shoulders pattern might finally start playing out. The full target is near the Weekly S2 Pivot @ 1.200 with a close below the diagonal triggering the setup. Stops can be placed at 1.216 for a very decent Risk:Reward of 1:2.5
Order cancelled:
Trade not triggered. No close below diagonal