Little something for unpatient traders:
Head and Shoulders on M15 is forming.
Unpatient Shorting now (1.2620-30)
Patient shorting below 1.2613, preferable short on throwback to 1.2613 after breakout.
One thing that needs to be pointed out is: remember that head and shoulders can also be a continuation pattern! It's very common to see false breakouts (watch price action on multiple timeframes as it will tell you everything - I prefere the H1 candlestick closing price as additional confirmation).
BTW if i took short trade at 1.2620-1.2630 i would tighten my SL now.