Intro:
Assalamu Alaikum respected members aaj ka Mera Sawal bahut hi important hai yah aapko bahut sari information dega Mera Sawal hai ki Pakistan for a trading ke andar Head and Shoulder candlestick pattern Kya Hota Hai aapko isko Kis Tarah use kar sakte hain aur kaise profit Hasil kar sakte hain.
Meaning of head and shoulder pattern
Sar Aur kandhon Ka pattern Ek chart Ki taskeer Hai Jo teen chauthai ke sath Ek buniyadi line ke Taur per jahir Hota Hai Jahan Bahar Ke Do unchai Mein Kareeb hote hain aur Darmiyan Mein sabse Jyada Hota Hai technically analysis mein Head & Shoulder pattern a special chart ki Shakal Byan karta hai jo bahut Teji se Mandi ke ruzan ki ulat Jaane Ki pesh goyi Karta Hai.
On the technical analysis chart, the Head and shoulders formation occurs when a market trend is in the process of reversal either from a bullish or bearish trend; a characteristic pattern takes shape and is recognized as reversal formation.
Features of Head and Shoulder pattern
A head and shoulders pattern is a technical indicator with a chart pattern of three peaks, where the outer two are close in height and the middle is the highest.
A Head and Shoulder pattern considered one of the most reliable trend reversal patterns—is a chart formation that predicts a bullish-to-bearish trend reversal.
Understanding a Head and Shoulders Pattern
The head and shoulders pattern forms when a stock's price rises to a peak and subsequently declines back to the base of the prior up-move. Then, the price rises above the former peak to form the "nose" and then again declines back to the original base. Finally, the stock price rises again, but to the level of the first, initial peak of the formation before declining back down to the base or neckline of chart patterns one more time.
Thankyou
Assalamu Alaikum respected members aaj ka Mera Sawal bahut hi important hai yah aapko bahut sari information dega Mera Sawal hai ki Pakistan for a trading ke andar Head and Shoulder candlestick pattern Kya Hota Hai aapko isko Kis Tarah use kar sakte hain aur kaise profit Hasil kar sakte hain.
Meaning of head and shoulder pattern
Sar Aur kandhon Ka pattern Ek chart Ki taskeer Hai Jo teen chauthai ke sath Ek buniyadi line ke Taur per jahir Hota Hai Jahan Bahar Ke Do unchai Mein Kareeb hote hain aur Darmiyan Mein sabse Jyada Hota Hai technically analysis mein Head & Shoulder pattern a special chart ki Shakal Byan karta hai jo bahut Teji se Mandi ke ruzan ki ulat Jaane Ki pesh goyi Karta Hai.
On the technical analysis chart, the Head and shoulders formation occurs when a market trend is in the process of reversal either from a bullish or bearish trend; a characteristic pattern takes shape and is recognized as reversal formation.
Features of Head and Shoulder pattern
A head and shoulders pattern is a technical indicator with a chart pattern of three peaks, where the outer two are close in height and the middle is the highest.
A Head and Shoulder pattern considered one of the most reliable trend reversal patterns—is a chart formation that predicts a bullish-to-bearish trend reversal.
Understanding a Head and Shoulders Pattern
The head and shoulders pattern forms when a stock's price rises to a peak and subsequently declines back to the base of the prior up-move. Then, the price rises above the former peak to form the "nose" and then again declines back to the original base. Finally, the stock price rises again, but to the level of the first, initial peak of the formation before declining back down to the base or neckline of chart patterns one more time.
Thankyou