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Wolf-AD7
8 Th06 2021 14:38

Trading the Head & Shoulders - Normal and Inverted Đào tạo

EXIDE INDUSTRIESNSE

Mô tả

This Exide Industries Chart is a perfect example of a Head & Shoulders pattern moving into an Inverted Head & Shoulders pattern.

In the H&S pattern, the neckline forms a crucial support level, whereas in an Inverted H&S, the Neckline forms crucial resistance.

In this particular pattern, volumes have increased during formation of the Head & Right Shoulder in the Inverted H&S, thereby giving an opportunity to buy if the resistance level is broken out of.

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RisingNirmal
This failed miserably..
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