Possible H&S forming on the hourly chart as price did not break above the high therefore a short position was entered. Stop loss would be above the high and the potential profit target would be $168 and $157.
Depending on price action when the first target is hit, trade plan could be modified.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.