Education

HEAD AND SHOUKDERS PATTERN

While we get ready for the holidays we thought we would post some chart patterns for our newbies over the next few days.

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

Goldviewfx

🪙 JOIN OUR FREE TELEGRAM GROUP 🪙 t.me/GoldView_FX

🪙 JOIN OUR DISCORD FOR BACKUP 🪙
discord.com/invite/9ZrEHGuaE2

🏆MESSAGE US FOR VIP SIGNALS🏆
t.me/GoldviewFX
or
email goldviewfx@gmail com

Also on:

Goldviewfx

Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.