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HEAD & SHOULDER
There are two types of Head & Shoulder pattern :
1- Head & Shoulder
2- Inverted Head & Shoulder
Head & Shoulder functioned as a pattern for us to look for selling positions. We will sell when we see the first formation of Shoulder and Head. So the sell positions will be on the 2nd Shoulder
Head & Shoulder : Only for sell
Inverted Head & Shoulder also functions the same but we will look for buying position on the 2nd Shoulder formation.
Inverted Head & Shoulder : Only for buy
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