A bearish head and shoulders pattern has been broken to the downside with a target of 4.3413. Regardless of the pattern formation we are bearish with multiple targets that are lower anyways. So we like this trade a lot. A break of the 4.4015 level should get price action moving to the downside. We just posted additional details for premium members.
Trade closed: target reached:
Price action took a bit longer than we projected on the chart, but our target has been hit at the 4.3413 level.