My short trade on ARM:LSE is still in progress albeit it has not hit my first profit target yet. The price action has shown some resilience to the current market sell-off. However, the hourly chart has just closed below the neckline of a head and shoulders pattern so I am looking for the price to decline further and meet my first target. I will review the chart at that point, but, given the resilience I referred to earlier, I am minded to close the whole trade at the 1:1 R:RR.
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