Many traders wait for textbook chart patterns, but markets rarely offer perfect setups.
This Bharti Airtel chart shows an imperfect Head & Shoulders, often producing strong moves due to uncertainty and volatility.
The grey zone beneath the neckline is a cluster of historical order blocks where price may react.
Two approaches exist:
Conservative- wait for a break and confirmation; Aggressive- use a break and retest as a trigger, focusing on a smaller target.
The key is understanding liquidity, order blocks, and price behaviour around them.
For educational purposes only, not financial advice.
This Bharti Airtel chart shows an imperfect Head & Shoulders, often producing strong moves due to uncertainty and volatility.
The grey zone beneath the neckline is a cluster of historical order blocks where price may react.
Two approaches exist:
Conservative- wait for a break and confirmation; Aggressive- use a break and retest as a trigger, focusing on a smaller target.
The key is understanding liquidity, order blocks, and price behaviour around them.
For educational purposes only, not financial advice.
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whatsapp channel: whatsapp.com/channel/0029VanXIFTAzNbzxU4hF62L
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
absoluteanalytics.in
whatsapp channel: whatsapp.com/channel/0029VanXIFTAzNbzxU4hF62L
whatsapp channel: whatsapp.com/channel/0029VanXIFTAzNbzxU4hF62L
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.