- This topic has 67 replies, 67 voices, and was last updated 2 years, 6 months ago by
.
-
Posts
-
Entry:Once it break the neck line.
Exit:From the length of the Higher Top(Right Shoulder) to neck line point.
Stop Loss:Higher Top of the Right Shoulder.
Entry Price – when the price crosses the neckline after the right shoulder
Exit Price – when the price reaches the target price
Stop Loss – when the price crosses the top of right shoulder
Entry price: price goes more than the left shoulder point.
Exit point: at target point.
Stop loss : right shoulder point.
for short position
Entry price : the point where the neckline cuts the right shoulder.
Exit price : Target
Stop loss : Right shoulder top
Entry- when price cross the neckline
Stop loss- just above the peak of right shoulder
Target- the extent of the breakout move can be estimated by measuring from the top of the middle peak down to the neckline. This target is then projected downwards from the point of breakout.( neckline)
- You must be logged in to reply to this topic.
