UBS-More then 1 problem -Trade Idea (short)

First of all, UBS is a Euro zone bank-problem #1, second they are being investigated by the US and Japan for manipulating LIBOR rates.

This is a possible trade opportunity with a pretty good looking possible set up, low risk and high probability.

This appears to be a major top playing out, whether a less likely H&S top or a more likely broadening top, either way, it's just a matter of time.

3C daily chart showing the top hit distribution and the subsequent reversal.

Let the trade come to you, the less risk, the better. If I could get shares in the $18.40 area, I'd seriously consider this one for a short sale. You can also phase into the trade adding on strength, I prefer to see if it comes to us though.