Head and shoulders pattern followed by a pullback to the neckline. Could touch the 61.8 Fibonacci too which will also touch the trendline or drop from its current position. 3 targets (0, -23 and -61.8). Trade to be taken only on confirmations (look at lower timeframes like the 30m and 15m). This is just an idea and not a signal. If no confirmations then no trade.
Comment:
TP1 hit. Touch and rejection of 61.8 Fibonacci as well as trendline (as predicted) prompted entry. The remaining two trades have been made risk-free
Trade closed manually:
Rest of trade closed at breakeven. 79 pip movement caught.