Head and Shoulders Strategy for trade
Head and shoulders Pattern
Strategy for trade
On the technical analysis chart, the Head and shoulders formation occurs when a market trend is in the process of reversal either from a bullish or bearish trend; a characteristic pattern takes shape and is recognized as reversal formation
1- Find the head and Shoulders pattern
2- Find Neck Line
3- Wait for the price to fall below the neckline , This is a very good level to Sell Position
4-Find your profit target by drawing a straight line, like the sample picture
5- Celebrate your success
Strategy for trade
On the technical analysis chart, the Head and shoulders formation occurs when a market trend is in the process of reversal either from a bullish or bearish trend; a characteristic pattern takes shape and is recognized as reversal formation
1- Find the head and Shoulders pattern
2- Find Neck Line
3- Wait for the price to fall below the neckline , This is a very good level to Sell Position
4-Find your profit target by drawing a straight line, like the sample picture
5- Celebrate your success
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.