imkhushal

How reliable is head and shoulders pattern, Nifty50 1D

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imkhushal アップデート済   
NSE:NIFTY   Nifty50指数
The head and shoulders chart depicts a bullish-to-bearish trend reversal and signals that an upward trend is nearing its end. The pattern appears on all time frames and can, therefore, be used by all types of traders and investors.

The head and shoulders patterns are statistically the most accurate of the price action patterns, reaching their projected target almost 85% of the time. The regular head and shoulders pattern is defined by two swing highs (the shoulders) with a higher high (the head) between them.

Publishing chart what caught by my naked eyes...!

Rest all on you...

Regards
コメント:
Will this happen?
コメント:
Looks bearishness coming and it might be a right pattern...

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