- Tendency: Downward ( pullback)
- Test support daily
- Below support
- SHS pattern-> Forming=> Sell
Saw some comments asking for active, not active, etc. The whole ideas is to trade on classical pattern H&S and the way to trade this pattern is to wait for breaking the neckline and got confirmation on a successful breakout. The stoploss should be very tight if you short sell from breakout and it shows a failed breakout or a breakout, then make correction back to neckline and give confirmation on rejectin with neckline. If you even don't know how to trade classical pattern in a common way, so it's hard. Don't keep asking basic things cuz I can't go over and over with something like H&S pattern. By the way check for education post about patterns before asking.