Is this a Head and Shoulders Pattern

T

tradkan

New Member
#1
#1
Hi,
I am new to TA, started a few months back. I would like to get guidance from senior members in my analysis of charts.

I found suzlon making a pattern which to me appeared as a Head and Shoulders Top. Is it correct or have I missed out something.

Rgds,
KK
 

Attachments

S

sillu_m

Member
#3
#3
tradkan said:
Hi,
I am new to TA, started a few months back. I would like to get guidance from senior members in my analysis of charts.

I found suzlon making a pattern which to me appeared as a Head and Shoulders Top. Is it correct or have I missed out something.

Rgds,
KK
Click to expand...
Yes Its a head shoulder pattern. but failed i think so.
 
Last edited:
S

sillu_m

Member
#4
#4
tradkan said:
Hi,
I am new to TA, started a few months back. I would like to get guidance from senior members in my analysis of charts.

I found suzlon making a pattern which to me appeared as a Head and Shoulders Top. Is it correct or have I missed out something.

Rgds,
KK
Click to expand...
Yes Its a head shoulder pattern.but failed i think so
 
L

Linus

Active Member
#5
#5
Here in your example,volume is low on the left shoulder. Typically, the left shoulder must have high volume during rally, less on decline, the right shoulder should have less volume than accompanied the formation of the left shoulder or the head.

ss :cool:
 
T

tradkan

New Member
#6
#6
Reverse Head and Shoulders pattern in Mysore Cements

Thanks for the replies. Helps a lot in identifying the mistakes.

I observed this in Mysore cements chart. Looks like a reverse head and shoulders formation. Please correct me if its a mistake.

Rgds
KK
 

Attachments

sudoku1

sudoku1

Well-Known Member
#7
#7
Re: Reverse Head and Shoulders pattern in Mysore Cements

tradkan said:
Thanks for the replies. Helps a lot in identifying the mistakes.

I observed this in Mysore cements chart. Looks like a reverse head and shoulders formation. Please correct me if its a mistake.

Rgds
KK
Click to expand...
never in ur life rely on only one indicator or pattern......
it may some day break our heads or injure our shoulders........:D
 
You must log in or register to reply here.
Thread starter Similar threads Forum Replies Date
faisal.khanfx How to trade Head and Shoulders Chart Pattern ? Beginners Guide 0
M Another Head & Shoulders Formation Technical Analysis 0
bunny Is a crash looming over ? Charts showing head and shoulders top reversal patterns Equities 11
A Head & Shoulders Pattern AmiBroker 0
Traderji The Head and Shoulders Pattern Technical Analysis 12

Similar threads