There is a head and shoulders pattern on the 1h timeframe. My prediction is that the price will follow the pink line I have drawn.
I plan to make a short at $105.15 and take profit around $96.71
Stop loss is at $108.86 right above the previous high.
If price makes a higher high, this setup will be invalid.
I plan to make a short at $105.15 and take profit around $96.71
Stop loss is at $108.86 right above the previous high.
If price makes a higher high, this setup will be invalid.