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NASDAQ 100 E-mini Futures
Short

NQ with Head and Shoulders Pattern Identified on the 4H

By MrALtrades00
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

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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
Candlestick AnalysisHead and ShouldersheadandshouldersformationNQNASDAQ 100 E-MINI FUTURES
MrALtrades00

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