ICICIBANK - 4H TF - Head & Shoulders

Aug 15, 2020

Head & Shoulders pattern forming on 4H Chart of ICICIBANK. SELL 338-340, SL 380.3, Target(s) - 325, 319, 314, 308, 300. Measurement from top to bottom = 55. SL is far because one cannot ignore the rules of a pattern but at the same time also have to be reasonable about the probable and achievable target(s). Alternatively, SL can be decided according to the Hourly Chart. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.