I previously shorted on a head and shoulders, and didn't take profit half way, it found an impulse and went back up, coming just short of the right shoulder.
However it has now failed to overcome a 1 Hour order block, it has also failed to defeat the daily open level.
This, plus weakening sentiment, leads me to believe it's still heading for a drop.
I'm trading it short term - and taking the lesson from the last trade. So TP1 will take 50% of my profit, and TP2 is a stretch goal. With Stop loss moving down after TP1.
I've also set a SL to 0.088 so that it is just above the high.