15minute chart - NJ to reach localised high & fade
Short term short opportunity -
Using the Head & Shoulders pattern, we can see that NJ is heading north to a recent high. Note: This is a counter trend trade because on a higher timeframe (H4) we are bullish. However, it is quite possibly within its parameters to sell, technically. ALERT: If there are no visible selling patterns or signals in the sell zone, then most likely price will continue higher. Therefore do not sell if this is the case.
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