1. Head and Shoulders Formation
2. MT4 Indicator showing price weakening
3. rejected major trendline
4. RSI showing price weakening
- Entering after pivot point to minimize risk
- Can also take a right shoulder entry
1. Inverted Head and Shoulders
2. Divergence showing price gaining strength
3. Reject off 61.8% Fib
4. Moving Average blue above red
5. Enter at break of neckline
1. Head & Shoulders formation
2. Divergence showing price weakening
3. rejected off 4 hr trendline
4. Moving Average Red over Blue
5. Price Trapped
6. Rejected off 50% Fib
7. Broke Neckline
