Inverse Head and shoulder on Weekly chart - QUICKHEAL

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QUICKHEAL

Reason for the trade: Inverse Head and shoulder

  • Downtrend from Jan 18 (Distribution phase)

  • Accumulation started from Jun 19

  • Waiting for Breakout on the neckline area soon and start Mark up phase :)

  • Also high volume for past 3 months!!


Note: Only for educational purpose!!
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Entered at 175 to ride the journey :)
Head and ShouldersInverse Head and ShouldersTrend Analysis

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