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Head & Shoulders trend formation over 3 months period. Volume low during Left shoulder formation & Volume high during Right shoulder.
Trade Plan –
GAIL
Bearish Trend.
Entry -410
SL- 440
TGT- 390
Generally, the volume of the left shoulder should be highest and the right shoulder should be low as possible.
Generally, the volume of left shoulder should be highest & volume of right shoulder should be low as possible.
You are right ,..stand corrected ..thanks for the observation
For Head and Shoulder pattern the volume of left shoulder should be higher and right shoulder relatively low
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