Head and shoulders pattern seems to be forming on the 4hr time frame. Weekly chart shows a somewhat ranging market and daily chart is at a support zone. Seems right for the pickings. Let's see how this one go. First TP should be around the neckline area, second TP if pattern continues to form and break through neckline, ride it up to support.
If price breaks the line, This is a standard wave formation to support. I have executed this trade one week ago, and was too lazy to post it, but this is too much of a good opportunity not to share. Enjoy the trade Everybody!! Currently in profit 150 PIPs