NQ H&S w/bearish divergence on 4 hr Chart - Sell on retracement4 Hour Chart Bearish Divergence
Head & Shoulder Pattern and Break Below Neckline
Sell Limit at 0.382 fib retracement (21490)
This 21450-21490 area has also served as previous support.
Break below neckline assuming support turned resistance
Stop Loss set above the right shoulder
TP 1 calculated based on risk taken at 1:1
TP2 calculated based measured move of H&S
from neckline set at 1:2 RR
Total 1:1.5 RR Trade