danieldjesus

Example about Shoulder Head Shoulder

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AMEX:IHI   iShares U.S. Medical Devices ETF
I try to show an example of the signal Shoulder Head Shoulder, I found the ETF IHI which represents almost perfectly the figure of the shoulder head shoulder. Also, The calculation is made for a short position where the scope is the measure between the head stop and the resistance line and this height is taken for the take profit of the short position

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