Tutorial: H&S pattern confirmation using Stochastic
How to confirm an H&S pattern using Stochastic:
1- looking for an H&S pattern on chart
2- stochastic "d line" must follow the same 1-2-3 structure.
Point 2 have to be higher than the other 2
How I trade it:
- SL some pips under head
- Risk/Reward of 3
- Enter one candle after right shoulder confirmation
1- looking for an H&S pattern on chart
2- stochastic "d line" must follow the same 1-2-3 structure.
Point 2 have to be higher than the other 2
How I trade it:
- SL some pips under head
- Risk/Reward of 3
- Enter one candle after right shoulder confirmation
Comment:
Not valid H&S pattern
