Mohit Sharma
Mohit Sharma

@Mohitsharma202

10 Tweets 6 reads Jul 28, 2024
How can I turn 25 lakh rupees into 1 Crore in 4 years?
Complete Rules Based Trading Setup
A thread ๐Ÿงต
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1. Advance Inverse H&S Chart Pattern:-
- An inverse head and shoulders is similar to the standard head and shoulders pattern, but inverted
- It used to predict reversals in downtrends
This is the 5 parts an inverse head and shoulders pattern
- Sharp Downtrend
- First shoulder
- Neckline
- Head formation
- Second shoulder
Pattern Formation:
๐Ÿ‘‰ We will wait for a strong downtrend
๐Ÿ‘‰ After a clean fall we will wait for a shoulder to form
๐Ÿ‘‰ After that we will make a neckline that will pass from the first shoulder & Head
๐Ÿ‘‰ Formation of Head will be little deeper after that 2nd shoulder form
Advance H&S Chart Pattern Breakout:
Step-1 Advance H&S pattern needs a sharp lower-low down trend formation
Step-2 The second shoulder low should be lower than the first shoulder
Step-3 Neckline formation is in a downtrend
Step-4 Retest with Hammer candle after the Breakout
Posted in my Free Telegram
Nifty Form this H&S Chart Pattern
Clean Target hits
Some More Examples ๐Ÿ‘‡
1. Axis Bank 30 Min Chart
2. Ambuja Cem 4 Hour Chart
3. Dabur 3 Min Chart
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