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MrALtrades00

NQ with Head and Shoulders Pattern Identified on the 4H

Short
NASDAQ 100 E-mini Futures (CME_MINI:NQ1!)  
MrALtrades00  
CME_MINI:NQ1!   NASDAQ 100 E-mini Futures
Candlestick Analysis Head and Shoulders headandshouldersformation NASDAQ 100 E-MINI FUTURES NQ
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candlestick headandshoulders headandshouldersformation nq1! nq
NQ1! A Head and Shoulders pattern was identified on the 4H timeframe. This pattern was identified in confluence with a bear flag pattern on the 1H timeframe. Price then broke just below the flag. I believe that NQ will see more downside. After I zoomed out further, I noticed that we spiked from a demand zone November 10, 2022. Perhaps NQ will retrace back to where it spiked from on November 10, 2022. A screenshot is provided below for your review.

snapshot

snapshot

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After I zoomed out further, I noticed that we spiked from a demand zone November 10, 2022. Perhaps NQ will retrace back to where it spiked from on November 10, 2022. A screenshot is provided below for a quick reference.

snapshot

*This is not financial advice.

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MrALtrades00
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