Hi guys, just wondering does this qualify as a head and shoulders pattern on the H1 on the DAX if 7562 level is broken?
Hi guys, just wondering does this qualify as a head and shoulders pattern on the H1 on the DAX if 7562 level is broken?
with any of the classical patterns, volume should support these. Analyse the volume also would be my advice and no this doesnt particularly look strong. Most chart patterns are only good in hindsight
here's an example
looks like a great example of a H&S?
with any of the classical patterns, volume should support these. Analyse the volume also would be my advice and no this doesnt particularly look strong. Most chart patterns are only good in hindsight
here's an example
looks like a great example of a H&S?
this is against the trend and one thing I have found is that anything against the trend is a bad idea..here's what happened next
You did not show the lefthand side of that chart, but sure it could qualify as a head and shoulders. The thing with patterns is that they are mostly subjective, so what qualifies as a certain pattern for you, may not for other traders.Hi guys, just wondering does this qualify as a head and shoulders pattern on the H1 on the DAX if 7562 level is broken?
You are 8 years late in thanking people as the last post on this thread was in 2013.Thank you for all of your suggestions.