This is just an example of Head and Shoulder. Target on the downside is calculated in terms of percentage from the breakout of point. I generally don't keep height of the H&S as target on the downside as stocks can't go below 0.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.