Genghis
Short

EUR/USD - Some amazing symmetry suggesting south 2

FX:EURUSD   Euro / U.S. Dollar
133 3 6
Looking for short into broken neck line of recent Head & Shoulders
Trade active: Short at 1.0888, SL 1.0993, TP 1.0477
I don't think this was a valid head & shoulders. The patterns have more conditions than just the head and shoulders appearing. The environment that it appears in and the conditions that it meets determines whether or not the pattern is valid. In this example it wasn't found at the end of a substantial multi-wave rally (i.e. a prolonged up-trend). It was found after a short impulse that's found in an already bearish market. It's no coincidence that the market reverses soon after the neckline breakout.
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I set a sell limit at 1.0823

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I do agree with your trade. The only thing that I would change would be a TP at 1.055, but its just fine, congrats. Nice chart.
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