Guys quick question
Is this pattern ๐ or ๐ป ??? @anand_luhar
Inverse hammer then hammer pattern again on next 5 min candle
#Jubilantfoodworks
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In such a case, H&S can be either a continuation pattern or compound fulcrum.
This is how to differentiate:
โข if right shoulder is smaller than left, most likely a continuation H&S
โข if right is same or higher than left, and the price is not coming to neckline, most likely CF
This is how to differentiate:
โข if right shoulder is smaller than left, most likely a continuation H&S
โข if right is same or higher than left, and the price is not coming to neckline, most likely CF
sir a doubt does head & shoulders work in down trend ? pic.twitter.com/dytYmbzOfp
— Vega_Greek (@VegaGreek) May 13, 2021
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