4H H&S formation was confirmed by the break of the neckline. Retest gap retesting and testing key support, look left. Yesterday's close was an indecision high wave candle.
Entry: only if we get price action above the top of high wave candle with volume Stop: $323.5 which is below the previous low TP: $363.4 which equals to, 2 equal legs up->
Only issue i see with this trade idea is the bat is probably closer to 50-50 but the risk reward risking $17 (from 342 -> 325) vs a $15 dollar target like you mentioned yields a negative Expected Value, or at the very least, a breakeven Expected Value
Mishka1
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@wolneya, you are quite right, the risk-reward could have been better.