HEAD AND SHOULDERS
Mar 18, 2021 at 15:32
There are many strategies in trading but head and shoulders are very profitable strategies. This strategy is used by many professional traders. You can find out about this strategy by searching online. Such as youtube, google, etc. It is very easy to make a trading profit with this strategy.
Mitglied seit Jul 20, 2020
399 Posts
Mar 19, 2021 at 08:18
They are reversal patterns. Search it on Youtube
Mitglied seit Jul 23, 2020
869 Posts
Mar 21, 2021 at 17:35
CraigMcG2020 posted:Reversal trading is kind of risky in my opinion if you don’t have proper knowledge about the market.
They are reversal patterns. Search it on Youtube
Mitglied seit Oct 07, 2020
104 Posts
Mar 22, 2021 at 04:38
78678676 posted:A head and shoulders pattern is a chart formation that appears as a baseline with three peaks, the outside two are close in height and the middle is highest. In technical analysis, a head and shoulders pattern describes a specific chart formation that predicts a bullish-to-bearish trend reversal.
Help me understand how the Head and Shoulders pattern works?
Mitglied seit Jul 23, 2020
759 Posts
Mar 22, 2021 at 14:56
Michihito posted:The trader should follow both technical and fundamental analysis to trade effectively in the trading market.
Correct market analysis is very important part of trading. After analysis we also need to determine our entry and exit point and entry criteria. Entry should be based on entry criteria.
Mar 24, 2021 at 08:19
A head and shoulders pattern describes a specific chart formation that helps to predict a bullish-to-bearish trend reversal. The head and shoulders pattern is believed to be one of the most reliable trend reversal patterns. You can learn more about it online.
Mitglied seit Feb 16, 2019
30 Posts
Mar 26, 2021 at 11:45
AliaDare posted:good advice
There are many strategies in trading but head and shoulders are very profitable strategies. This strategy is used by many professional traders. You can find out about this strategy by searching online. Such as youtube, google, etc. It is very easy to make a trading profit with this strategy.
Mitglied seit Apr 01, 2021
6 Posts
Apr 06, 2021 at 11:36
A head and shoulder pattern is a trend reversal formation. It describes a specific chart formation that predicts a bullish to a bearish trend reversal.
Mitglied seit Apr 01, 2021
6 Posts
Apr 07, 2021 at 11:58
A head and shoulder pattern is a trend reversal formation. It describes a specific chart formation that predicts a bullish to a bearish trend reversal.
Mitglied seit Jan 08, 2021
12 Posts
Apr 09, 2021 at 10:49
You can read about it in detail and try to understand how it actually works. Good luck to you.
Mitglied seit Mar 30, 2021
9 Posts
Apr 09, 2021 at 12:11
What targets are suitable for head and shoulders? I understand SL is at the top peak but what about the TP?
Mitglied seit Jul 20, 2020
399 Posts
Apr 09, 2021 at 13:43
Its a measures move so you measure from the head to the neckline and then whatever that is that's your TP pip target
Mitglied seit Apr 03, 2021
12 Posts
Apr 16, 2021 at 10:56
It can be a profitable strategy but you should read about it to understand better. Watching a video might help too.
Apr 17, 2021 at 05:58
richardmarcus posted:Really like your answer. Simple and nice explanation.78678676 posted:A head and shoulders pattern is a chart formation that appears as a baseline with three peaks, the outside two are close in height and the middle is highest. In technical analysis, a head and shoulders pattern describes a specific chart formation that predicts a bullish-to-bearish trend reversal.
Help me understand how the Head and Shoulders pattern works?
Mitglied seit Mar 17, 2021
536 Posts
Jan 11, 2022 at 07:12
AliaDare posted:Very nicely explained.
There are many strategies in trading but head and shoulders are very profitable strategies. This strategy is used by many professional traders. You can find out about this strategy by searching online. Such as youtube, google, etc. It is very easy to make a trading profit with this strategy.
Mitglied seit Nov 06, 2018
83 Posts
Jan 11, 2022 at 13:49
78678676 posted:Haven't traded this since my retail trading days, but the concept is once a H&S formation is formed, a re-test of the neckline and reversal.
Help me understand how the Head and Shoulders pattern works?
Jan 11, 2022 at 18:52
This pattern tells you about bullish/bearish trend reversal. A head and shoulders pattern is comprised of three component parts: After long bullish trends, the price rises to a peak and subsequently declines to form a trough. The price rises again to form a second high substantially above the initial peak and declines again. The price rises a third time, but only to the level of the first peak, before declining once more. The first and third peaks are shoulders, and the second peak forms the head. The line connecting the first and second troughs is called the neckline.
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