HEAD AND SHOULDER FORMATION, SHORT

I see a H & S formation of this 1h pair, Then, I have drwan a possible profit target (the distance from head to shoulder base. Trade at your own risk. This i sjust an idea. I may even not trade it.

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sorry for my terrible writing

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if it goes below 113.1, then i this is a good short candidate pair

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itseems that price action has conffirmed the idea. unfortunately i did not trade it. too late????

rafaeltrades

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