Looking for buying opportunities 1. at the right shoulder and/or 61.8% fib retracement , invalidation level comes in below the Head of the head and shoulder pattern 2. a buy stop if neckline is broken (green circle), invalidation level will then be at the right shoulder
The 61.8% fib level entry will also be equal legs for the abc correction Target will be at the 200% Fib Level (equal legs from the head to neckline)
Great risk reward ratio trade Will update as this trade develops
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Still no broken neckline, we could get our entry at the 61.8% fib level