praveen.bhatiya

Earn while Learn Complex Head & Shoulder TOP pattern

Short
NSE:OIL   OIL INDIA LTD
OIL is a beautiful example for the aforesaid pattern except its up-sloping Neckline as pattern with near Horizontal Neckline performs better. The pattern looks like normal head-and-shoulders except either with multiple shoulders or multiple heads but rarely both. It performs better than normal Head & Shoulder and trading rules are the same.
Trade active: Trade is doing well as expected.