We could be looking at a pretty convincing buy signal with an H&S in addition to a possible bearish Cypher and Gartley which might shape itself up during the next couple of hours. Just went long with a 2/1 R/R, and looking for a breakout from the Head & Shoulders pattern. In addition, I put in a limit order going short on the 78.6 retracement of the Cypher and Gartley. Also with a 2/1 risk to reward.
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