I believe this pattern will play out for the bears also head and shoulders pattern play really great in Risk reward as well as a high probable trade for binary options as well as spot trading opportunities: I also know there is a lot of confluence at the level of the left shoulder failing already as i type this. i will put my SL into TP . i have a bearish engulfing signal on the 15 min that you would see but on the hourly its a RED BE WHICH IS CANDLESTICK ANALYSIS ALSO PLAYING IN. Also the risk reward is about 4:1 which is something i really like. Were keeping it simple and we will see how this plays out in the hourly