H&S in USB

USB
WHY
1. USB traced well pronounced head and shoulders pattern on D and W.
2. Other industry (finance) stocks such as GS, WFS also posted a reversal on W and M.
3. SPX500 seems to be looking south on W

TRADE DURATION and PROFIT TARGET
USB and market in general might be starting long bearish trend however here we target the distance to
- approximately equal to the height of the H&S structure
- 200MA on W basis (highest timeframe where pattern is visible)
- support determined by previous highs

HOW
1. Short stocks with risk reward 4.0
2. Avoid options as it can be a long story

ENTRY
Trade will be entered 4H (lower timeframe) with SL
Waiting for at least 0.5 Fibo retracement for better RtW ratio

Trade active:

I guess these divergences mean lower lows ahead