Hello viewers, figured i give you some action today. I did notice a
1. head and shoulders pattern set up on the 5 min,
2. against a resistance line on the 15 min,
3. additional resistance off the 200 ema,
4. decreasing volume on the rise, meaning a bluff in the move;
a perfect combination to give me a nice move to the downside, initial target VWAP ( dotted line), pivot, and then opening price.. all HIT..
good luck , hope this helps..
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