Head and Shoulders Entry Hack.
Head and Shoulders are great patterns to trade if you know how to trade them correctly.
In the example above we used an Inverse Head and Shoulders.
The anatomy of the head and shoulders pattern is something that is often overlooked, however if you actually took the time to understand the anatomy, you will find the right shoulder normally (not always) positions itself at the 0.618 retracement level of the impulse move from the head.
Wait for the right shoulder to appear and wait for a candlestick pattern confirmation and execute.
Improve your game little by little everyday.
This post will help you crack down on your entries when it comes to trading head and shoulders patterns.
@CryptoTrades #education #headandshoulders #candlesticks #patterns #knowledge #crypto #signals #cryptotradespremium
Head and Shoulders are great patterns to trade if you know how to trade them correctly.
In the example above we used an Inverse Head and Shoulders.
The anatomy of the head and shoulders pattern is something that is often overlooked, however if you actually took the time to understand the anatomy, you will find the right shoulder normally (not always) positions itself at the 0.618 retracement level of the impulse move from the head.
Wait for the right shoulder to appear and wait for a candlestick pattern confirmation and execute.
Improve your game little by little everyday.
This post will help you crack down on your entries when it comes to trading head and shoulders patterns.
@CryptoTrades #education #headandshoulders #candlesticks #patterns #knowledge #crypto #signals #cryptotradespremium
TRADING HEAD & SHOULDERS PATTERN
Trading a head and shoulders pattern is simple.
You don’t enter at the shoulders or even the head, you wait for the full pattern to form and then look for an entry.⠀
⠀
Head and shoulders are considered valid when price breaks below the neckline, that’s our optimal entry point.
However we don’t enter as soon as the neckline is broken, we wait for a retest at the neckline before we enter.⠀
@CryptoTrades #education #headandshoulders #candlesticks #patterns #signals #cryptotradespremium
Trading a head and shoulders pattern is simple.
You don’t enter at the shoulders or even the head, you wait for the full pattern to form and then look for an entry.⠀
⠀
Head and shoulders are considered valid when price breaks below the neckline, that’s our optimal entry point.
However we don’t enter as soon as the neckline is broken, we wait for a retest at the neckline before we enter.⠀
@CryptoTrades #education #headandshoulders #candlesticks #patterns #signals #cryptotradespremium
TRADING HEAD & SHOULDERS PATTERN
Trading a head and shoulders pattern is simple.
You don’t enter at the shoulders or even the head, you wait for the full pattern to form and then look for an entry.⠀
⠀
Head and shoulders are considered valid when price breaks below the neckline, that’s our optimal entry point.
However we don’t enter as soon as the neckline is broken, we wait for a retest at the neckline before we enter.⠀
@CryptoTrades #education #headandshoulders #candlesticks #patterns #signals #cryptotradespremium
Trading a head and shoulders pattern is simple.
You don’t enter at the shoulders or even the head, you wait for the full pattern to form and then look for an entry.⠀
⠀
Head and shoulders are considered valid when price breaks below the neckline, that’s our optimal entry point.
However we don’t enter as soon as the neckline is broken, we wait for a retest at the neckline before we enter.⠀
@CryptoTrades #education #headandshoulders #candlesticks #patterns #signals #cryptotradespremium