cable short setup

May 30, 2020

head n shoulder pattern which broken and now predicting the pull back is over and looking to short it back down to the previous lows, its rejected the .5 fib on the daily also creating a rising flag (bearish pattern) which was also the third touch of a descending trend line, green box is the .5 - .618 fib zone from the overall bullish move want to see price come back into this zone.