would you buy or sell five seconds for you to decide alright let's conduct a quick analysis together first we can identify the major supply and demand zones this will tell us where sellers and buyers are next we can try to identify any obvious price pattern or structure by looking at the chart we can notice the head and shoulders pattern well it's never perfectly shaped so sometimes it's not that easy to spot before validating any head and shoulder structure it's important to assess whether the price action supports the formation for instance expect strong bearish candlestick patterns at the swing highs including the bearish engulfing pattern and inverted hammers additionally look for bullish patterns such as three white soldiers at the swing lows now we need to place a pending sell order a few pips below the two swing lows this would give us an extra confirmation well that's a winner like and subscribe for more challenges
