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Tagged: Head and Shoulder
What Should be Entry price, Exit Price and Stop loss for Head and shoulders
Entry: When it breaks the R. Shoulder neck line.
Exit : Take the value between ‘ Head and entry ‘ and reduce it from entry point
Stoploss: Head
Entry : when it breaks into the R. shoulder neck line
Exit: Take the value between the Head and entry and reduce to the entry point
Stop Loss: Head point
The answers are marked-up on the attached image.
Entry – When the price crosses the R.shoulder Bottom.
Exit – When the shift in price happens
Stop Loss – Height of the right shoulder.
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