feel free to call us +919500077790 info@eqsis.com
Tagged: INVERTED HEAD AND SHOULDER
Inverted Head and Shoulder is the up side down of normal head and shoulder.
Condition to identify bullish trend are :
The volume should be high at right shoulder.
The minimum duration for each pattern must be minimum one month.
Inverted head and shoulder is a upside down of Head and shoulder pattern
It is the aggressive buying and selling of stronger hands but in comparison buying will be higher
Volume should be high in the left shoulder and low in the right shoulder
When it gone passes the neck long position can be created
Inverted head and shoulders determine a trend reversal of head and shoulders.
conditions:
Inverted Head and Shoulder is the opposite of normal of Head and Shoulder ie Normal Head and shoulder is distribution pattern and inverted Head and shoulder is Accumulation pattern.
The duration is again 3 months
In this the volume should be high in Left shoulder and high during right shoulder where the buying will be higher
We can create a long position when it crosses the neck line
its is reversed of usual of head and shoulder where head is the lowest point and if the price graph brakes the neckline and gives a gain in price further it is said to be bullish trend
EQSIS, A Stock Market Research Firm
Knowledge is Power. Here you may start from basics, get support while practicing and evolve as active analyst, later you can become a pro