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Tagged: Head and Shoulder
Entry price-When the price crosses the neckline after the R.shoulder
Exit price- price reaches the target price
Stop Loss-When price crosses the top of R.shoulder.
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for short position
Entry price : the point where the neckline cuts the right shoulder.
Exit price : Target
Stop loss : Right shoulder top
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for short position
Entry price : the point where the neckline cuts the right shoulder.
Exit price : Target
Stop loss : Right shoulder top
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
Considering Bearish trend:
Entry Point should be a short position created at the neck of right shoulder.
Stop loss : Right shoulder top
Exit Price : target
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