Too many HS patterns, I just randomly pick one. The timing is not well considered, take the general guideline only please. Wait for the head, head might be in already.
This is official in HS pattern, so follow it until it is not valid.
THIS IS A HUGE LONG TERM TRADE GUYS LOOKING AT THOUSANDS OF PIPS! :)
This is just one of very likely scenarios. Lets check it out
1. Trend continuation 2. MA Above price 3. Test of trendline resistance 4. Support support turns resistance 5. 38.20% Fib Level expected to hold at that resistance point SL Just above 6. Looking for the market to make a LH From the previous LL 7. H_S Pattern formed showing we have the momentum to the downside to create new (LOWS)