4H HEAD N SHOULDERS

A HEAD N SHOULDERS SETUP RECENTLY FORMED INDICATING THAT 2020 WON' T BE AN EXCEPTION AND PRICE MAY DROP HARD. RETESTING DECEMBER LOW AT 6435 IS POSSIBLE, AND A POSSIBLE REVERSAL MIGHT OCCUR TAKING US BACK TO 7300, IF ALL OF THIS HAPPEN, WAIT FOR A BREAKOUT BACK TO 7300, 7350 AND OPEN SHORT POSITION. REMEMBER THAT A PURGE IS NEEDED TO FETCH THAT HEAVY VOLUME.
HOWEVER, WITH VOLUME CONTINUALLY DECREASING PRICE MAY NOT RECOVER ANYTIME SOON, SO YOU COULD OPEN SHORT POSITION WHEN IT SPIKES ON A FULL 1 CANDLE EXACTLY THE SAME AS WHEN IT SPIKED TO 7320 ON 1H COMPLETE CANDLE.
THANKS FOR READING AND DO YOUR OWN ANALYSIS.