As you can see with this classical book example of H&S pattern this indicates the trend is changing and using the statistical measure for the t/p 316 is the level which also covers the gap in price.
Please remember this is just an idea not a trading advise and don't forget when trading keep an eye on a trade or place a s/l to make sure you won't be ruined by the speculation as at the end of the day there is always a chance the market will do something else :) Be good
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