The crucial level will be 2669 for me and I am looking for a min. h4 candle close to reenter short. A close below this means the inverted head and shoulder becomes invalidated and hence giving the legitimacy to rejoin this . I will be looking for 1.2500 this time for TP
trade no good if it closes back above the neckline
I have chosen to short because the main trend is still down; it u look at the week charts it says consecutive 20 weeks down.
Hence the big reversal only happens, when it has happened.
If I have a h1 setup for short, I should go for it and trade it.