A good Head and shoulder pattern at the top in S&P 500 .
I hope you will benefit from this knowledge
Our entry was below head and shoulder neckline. Short trade is active now. Strict Stop Loss 3694.
Trade closed: stop reached:
Price fell as expected. However, it did not reach the target and returned from first support zone. In this trade, either we would have been out at Trailing SL (BreakEven) or it would have hit our stop loss.