M short biased

a lot going on here on this chart. its great to study from because there are so many patterns. At the same time, it makes it harder for traders to decipher which pattern to play. Over all im more short biased. the pull back almost got up to the 38 and it looks to be forming an abcd pattern on the daily with a bearish engulfing. drilling into the 4 hour we also see a head and shoulders which suggests we should go down. as for the bull side there is an inverted head and shoulders on the daily. that being said, inverses don't tend to work as much as normal ones. i wouldn't think about being long biased until the break of the 28.73 and a crack below 25.76 is where id be bearish. levels on chart for reference i would love to see macy's at the 21-21.5 area by earnings for great potential dip buy
NOT FINANCIAL ADVICE