@vikram2018xy thanks bro but unfortunately not found entry in this trade
raharora
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in your experience, have you seen that the price rises above the neckline for some time and then breaks it ?
sk_4587
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@raharora if once hourly candle closing above neckline than the whole setup is fail
as I clearly mentioned that we don't find entry in this setup because our entry can be below 16900 if hourly candle close
sk_4587
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@raharora also this neckline is a huge resistance for price on hourly so closing above is a failure of this setup and mostly head n shoulder work on the top at his best
but this is the bottom also previous day is a march last day means the yearly settlement so it's last hourly candle of this whole financial year may be this candle is false because daily closing is different and hourly closing is different settlement by exchange please check and thanks
raharora
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@sk_4587, thanks for the detailed explanation SK. I have never been able to trade on a H&S pattern either. It never works accurately for me.
sk_4587
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@raharora plese check persistent system H&S trade in my posted chart it works so beautifully
raharora
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@sk_4587, damn what a perfectly executed pattern that is. thanks for bringing it into my perspective _/\_