I started trading 💹 this year, 2021, It's been a challenging journey. At some point it seemed like I was in deep water with no idea of what I was doing.
Learning how to trade with trend was an idea start.
There are many trading patterns but mastering the Head & Shoulder pattern for me was a turning point from consistent loses
So I feel it's a good place to start.
The Head and Shoulder pattern is broken to two ✌🏻
1. Head & Shoulder
2. Inverted Head & Shoulder
1.
Head & Shoulder is formed when your price chart looks like an (M) and works as a pattern to identify a sell setup.
You sell once you see the shaping of the 1st Shoulder & Head.
Also you buy at the 2nd part of the Shoulder.
Head & Shoulder: SELL ONLY
Inverted Head & Shoulder look like a (W) also functions the same but we look for a buy setup at the 2nd Shoulder.
Inverted: BUY ONLY
Read more on this using link
Learning how to trade with trend was an idea start.
There are many trading patterns but mastering the Head & Shoulder pattern for me was a turning point from consistent loses
So I feel it's a good place to start.
The Head and Shoulder pattern is broken to two ✌🏻
1. Head & Shoulder
2. Inverted Head & Shoulder
1.
Head & Shoulder is formed when your price chart looks like an (M) and works as a pattern to identify a sell setup.
You sell once you see the shaping of the 1st Shoulder & Head.
Also you buy at the 2nd part of the Shoulder.
Head & Shoulder: SELL ONLY
Inverted Head & Shoulder look like a (W) also functions the same but we look for a buy setup at the 2nd Shoulder.
Inverted: BUY ONLY
Read more on this using link
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.