This will be my first time in trading the head and shoulders chart pattern. I decided to put my short entry at 1.400 which is just below the neckline.
There was actually a sign of divergence at the first shoulder and head but good thing I did not look at this pair earlier. Stochastic line K is showing a downward trend together with the MACD line and RSI line. I hope that ADX will start bending it's line upward to confirm the new trend.
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