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architarhit
Oct 15, 2020 1:48 PM

Marico Long

MARICO LTDNSE

Description

Inverse Head & Shoulder pattern under formation
Comments
harmonic_resonance
H&S is a reversal pattern which means the trend prior to formation of the pattern should be opposite of the signal that the pattern generates. So for inverted H&S which is a bullish pattern the prior trend should be downtrend, while for H&S the prior trend should be up as its a bearish pattern.
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