Viewing 5 posts - 11 through 15 (of 265 total)
  • Author
    Posts
  • #6813
    Padmavathi Sukumar
    Participant
    Rank: Level 3

    Head and shoulder is one of the price pattern used for technical analysis.The conditions to determine bearish in head and shoulder is: There should be one head and 2 shoulder (left and right) formations. Volume should be high at the left shoulder. If the above conditions are satisfied then bearish trend is expected, short position can be created at breakout (neck point)

    #6826
    R.Durga Prasad
    Participant
    Rank: Level 4

    Head and Shoulder is a distribution pattern formed with left shoulder,tall head followed by right shoulder due to accumulation of shares among stronger hands.

    It takes 3 months to form,where in left hand  side shoulder the volume will be high,right side will be with low volume the we can come to conclusion that it is going to be Bearish trend.

     

    #6827
    kanakaraj
    Participant
    Rank: Level 4

    Head and shoulder is a distribution pattern which structure indicates the trend reversal. The conditions are, Left shoulder with high volume, followed by Head and right shoulder.

    The duration for each pattern must be minimum one month.

    Right shoulder should be as low as possible.

    #7000
    KRISHNA KUMAR MS
    Participant
    Rank: Level 4

    Head and Shoulder is a price pattern formed with left shoulder, tall head followed by right shoulder due to accumulation of shares among stronger hands.

    It takes 3 months to form, where in left hand  side shoulder the volume will be high, right side will be with low volume the we can come to conclusion that it is going to be Bearish trend.

    #7488
    Ravishankar
    Participant
    Rank: Level 2

    Head and shoulder is one of the price pattern.

    This is a distribution or accumulation pattern

    It take more than month

    Minimum 3 month required between Ls, H, Rs

    High volume at Ls and Low volume at Rs

    Short position can be created below its Neck Line (Bearish Trend – Below the neck line)

Viewing 5 posts - 11 through 15 (of 265 total)
  • You must be logged in to reply to this topic.

©2024 | Rights Reserved | EQSIS | Terms and ConditionsPrivacy Policy

CONTACT US

We're not around right now. But you can send us an email and we'll get back to you, asap.

Sending

Log in with your credentials

Forgot your details?