Market currently in a downtrend on the hourly from the weekend close came to retest the 38.20 % broke through to retest and bounced from the 23.6 fib level which happens to be the crown of the Head and Shoulder potential move 4 HR and daily say head and shoulder pattern for confluence . Market is available with bullish momentum in previous daily candles for take profits on the short
Market looking to go down first 2 take profits set on the min chart AT Hourly TP can be set using the 4 hr n daily using the 15 min chart - take profit before entering the hourly marks
TP AT 1.18141 SL ABOVE AT 1.18562 2ND TP AT 1.17588 5 MIN CHART used to see tp and stop lost clearer
Market could go a bit higher to even the necks for a balance short
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