Viewing 5 posts - 51 through 55 (of 278 total)
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  • #12513
    Asif Sahib
    Participant
    Rank: Level 5

    An inverted Head and shoulder is the reverse of normal head and shoulder.

    to determine the bullish trend it should fulfill the following conditions,

    The volume should be high at the left shoulder zone.

    The volume should be the lowest at the right shoulder zone.

    The whole pattern should 3-4 months.

    If it breaks the neckline then it can be said as the start of bullish trend.

     

    #12531
    Ramkumar E
    Participant
    Rank: Level 2

    There will 2 shoulders and 1 head.

    Left shoulder the buyer and seller will fighting at high volume than Right shouder.

    Header, the seller will go for aggressive selling and the buyer with low volume.

    Duration – 3 months.

    Bullish trend starts, when the Right shoulder Breakout point occurs.

    #12620
    Nikhath
    Participant
    Rank: Level 4

    This is a reciprocal of a head and shoulder, hence an inverted head and shoulder .

    Conditions to determine a bullish trend:

    • duration taken for the whole pattern to form is again 3 months, as the regular head and shoulder
    • the volume at the right shoulder is significant, which means stronger hands are buying the stock

    if the above conditions are met, then long position can be created when the price crosses the top neck line.

     

    #12685
    Shobhit Kapoor
    Participant
    Rank: Level 3

    The reciprocal image formation of a head & shoulder is inverted head & shoulder.

    Formation of the head should be the highest

    Duration of shoulder-head-shoulder should be minimum 3 months.

    volume during the left shoulder should be high

    volume during the right shoulder should be the lowest to understand that stronger hand has left the market

    Long position to be created when price breaks the previous top of right shoulder

    #12793
    Bagya
    Participant
    Rank: Level 5

    There is a correction in point #3.   It should be

    3.  Left shoulder must have significant volume and right shoulder should have less volume.

Viewing 5 posts - 51 through 55 (of 278 total)
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