WOW! Look at the size of that head and shoulders pattern.
Retail traders will be all over this! This calls for caution.
I won't be trading this method how retail trade it, I will be waiting for the manipulation to occur before I introduce my sell positions.
Selling the breakout could be catastrophic because we have an order block resting below the region.
...
Before breaking out we created a smooth support level for breakout buyers to place their stops at.
This of course got purged before continuing higher.
Now that the majority of liquidity has been taken from this area we should see the next fluid move to the upside.
I want to see how price rejects at this current level, my only concern is the weekly low nearby...
