Head and Shoulders Pattern Trading Strategy Guide
Head and Shoulders Pattern Trading Strategy Guide
Aug 9, 2018
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stockstotrade.com
How do you trade the Head and Shoulders pattern? 🤔 👉 Head and Shoulders Pattern Head and Shoulders is a bearish reversal pattern that forms after an uptrend. It consists of three peaks: • Left Shoulder • Head (higher peak) • Right Shoulder Trade entry method: • Wait for price to break and close below the neckline. • Enter on the neckline breakout or safer option wait for a retest of the neckline. • Stop-loss above the Right Shoulder. • Target is usually the distance from Head to Neckline proje
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Head & Shoulders Pattern Explained This is one of the most powerful trend reversal patterns every trader should know. Left shoulder Head Right shoulder Support = neckline Once support breaks, momentum usually shifts. Follow for more easy-to-understand trading content Comment ‘H&S’ if you learned something 👇 #forexlifestyle #forex #smc #viral
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