IF we break down, THEN we could be setting up a possible Pattern. This is shown on the Chart. IF this happens, THEN you will have the option to adding to your position or adjusting Target #2's to account for the Head and Shoulder Trade, just make sure you are following your rules in your Trade Plan.
IF we break to the upside, THEN Target #1's line up with Structure (Look Left) and Target #2's will require us breaking into new Yearly high's. Breaking new highs is unlikely UNLESS we get a fundamental push like from the FED raising rates next week. I will be holding for Target #2's because that is what my Trade Plan says.
TIP: Having a Trading Plan helps to eliminate trading decisions based on "emotions". IF you don't have one yet, THEN I would encourage you to make one before making another trade :))
Best of Luck!