If the neckline gets broken - measure the vertical distance from head to neckline which is shown as the 21 point range.
Now Duplicate that 21 points below neckline which comes to the zone 230-240 as the ideal target zone for H&S.
Regards,
Abhishek H. Singh, CMT
Now Duplicate that 21 points below neckline which comes to the zone 230-240 as the ideal target zone for H&S.
Regards,
Abhishek H. Singh, CMT
Operación activa:
13:59 Hrs 21st Sep2016
SBIN Broke the Trendline
SBIN trading at 252-253 zone likely sometimes in H&S pattern - prices go back to kiss the trendline again so always book some profit & if you see a bounce & resistance at same trendline -this time trendline should work as resistance so one can plan for joining back in bears camp -always confirm at your end.
SBIN Broke the Trendline
SBIN trading at 252-253 zone likely sometimes in H&S pattern - prices go back to kiss the trendline again so always book some profit & if you see a bounce & resistance at same trendline -this time trendline should work as resistance so one can plan for joining back in bears camp -always confirm at your end.
Operación activa:
Best Regards,
Abhishek H. Singh
Growth Director - TradingView India
YouTube Channel www.youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw
Twitter Handle
twitter.com/TalksWave
Telegram Handle
(Deleted)
Abhishek H. Singh
Growth Director - TradingView India
YouTube Channel www.youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw
Twitter Handle
twitter.com/TalksWave
Telegram Handle
(Deleted)