honestly I'm not interested in using head and shoulder techniques. because for me this technique cannot provide maximum profit in daily trading or short trading. therefore I often use price action to determine the position of the best price.
"Head and Shoulders" is actually a chart pattern. He describes price reversal patterns that can help you identify the market. At the time of the big reversal, the trend might be over. "Head and Shoulders" has unique characteristics. If most traders use a reverse candle chart, what is the "Head and shoulders" pattern?That question might sound strange to you. But the question is important to know.Price Reversal PatternThe reversal pattern appears after the market, which is in a trend, has lost its momentum. The "Head and Shoulders" pattern is one type of price reversal pattern. In the picture below, you will see the characteristics of a price movement pattern that is considered a "Head and shoulders":
Please discuss about strategy named as head and shoulder i listen about it very much even i listen it is helpful up to 85%.
that's right. there is also a good head and shoulders pattern combined with support and resistance
combining head n shoulders pattern with a line of support n resistance if in my opinion it is a necessity, even though it is not exactly the price position but it can still be understood
Sorry why do you always copy-paste, Post that is above you sir? I just reminded this of one form of spam.
hello friend maybe with this picture can help you.there explained abouthead and shoulder patterninverted head and shoulder patternfailed head and shoulder patternfailed inverted head and shoulder patternsource image: mql5.com
I am not an expert in this matter ...8)8)8)
Head and shoulders work best on higher time frames like H4, D1 and W.
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