Head and Shoulders
What will BREXIT bring for the Pound?Monthly chart of British Pound sends alarming signals for future of Britain and also future of the global economy.
Hope this could not be happen..H&S pattern formation can be seen in upcoming days, hope this could not form.
trade Ashok Leyland on the short sideHead & Shoulder pattern forming.
Head of the current pattern also contains a minor H&S pattern.
Pattern would be complete when price reaches at around 110 - 105.
Better to trade on the short side...
weekly view
Some kind of head and shoulder coming up - Target 11200Looks like an inverted head and shoulder, with target of 600 above neckline of 10600.
SunTv - Head & Shoulder - EducationSunTv:
1. Neckline acting as resistance.
2. Previous resistance acting as support.
3. Volume's declined
This is a Perfect H&S.
DAX looks its gonna breakdownGermany Stock Market Index DAX may be creating a Head and Shoulder pattern at the top. In order to break out and become bullish the Index has to strongly close above the Red line which it has been following for past months.
A weekly close below 10850 levels will confirm a bear market in DAX atleast for the near term.
Watch out for the contagion effect on our Indian markets.
dax - head and shoulder formationindex has formed a bearish head and shoulder pattern
breakdown will be valid once price will move below 11750.
Edelweiss - H&S Target Achieved H&S target has been achieved.
Being a novice would like to have opinions from expert that -
whether this pattern qualifies for the classical charting pattern conditions of H&S or not ?
PRAKASH IHNS strategyEntry Strategy = Pivot Line
Stop loss Strategy = Entry candle high
Exit Strategy = TSL
Trade not yet active, will put it on watchlist
HDFC HNS StrategyEntry Strategy = Pivot Line
Stop loss Strategy = Entry candle high
Exit Strategy = TSL
Entered at 1914, initial SL 1936.5
TSL updated to 1903
TSL hit at 1903
Points booked 1914 - 1903 = 11pts
glenmarkglenmark is breaking an important trendline upward.
though this chart is posted to show many patterns like rectangle , channel, flag, h&s pattern
and how they work in a trendling market.
