GoldViewFX - HEAD AND SHOULDERS PATTERN
REPOST ON CHART PATTERNS.
Hey Everyone,
In 2023 we plan to also make more time to post basic educational posts for our newbies learn and level up.
HEAD AND SHOULDERS PATTERN
The head and shoulders pattern is a formation of 3 peaks with the head being the highest peak (Lowest on inverse). The entry should be below the neckline (Above on inverse). The measure of take profit can be taken by measuring the peak of the head from neckline and using this range, as an indicator of the take profit level.
Please do give us a like, comment and follow to support us.
GoldViewFX
XAUUSD TOP AUTHOR
Hey Everyone,
In 2023 we plan to also make more time to post basic educational posts for our newbies learn and level up.
HEAD AND SHOULDERS PATTERN
The head and shoulders pattern is a formation of 3 peaks with the head being the highest peak (Lowest on inverse). The entry should be below the neckline (Above on inverse). The measure of take profit can be taken by measuring the peak of the head from neckline and using this range, as an indicator of the take profit level.
Please do give us a like, comment and follow to support us.
GoldViewFX
XAUUSD TOP AUTHOR
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