📊 Head and Shoulders Pattern - Different Possible Entries ✅
The Head and Shoulders is a powerful reversal pattern used by traders to spot trend changes.
💡 Here are 3 common entry strategies:
1️⃣ Neckline Breakout Entry
🔹 Most popular and safest
🔹 Enter once price breaks and closes below (or above for inverse) the neckline.
2️⃣ Right Shoulder Entry
🔹 Aggressive traders enter early
🔹 Enter when price forms the right shoulder and shows weakness
🔹 Offers best risk-reward but less confirmation.
3️⃣ Retest of Neckline
🔹 Conservative entry
🔹 Wait for the price to break the neckline and retest it as resistance (or support)
🔹 Confirmation-based, but may miss some quick moves.
🧠 Tip: Always use stop-loss and manage risk wisely.
📉 Works best in trending markets, especially at the top of an uptrend or bottom of a downtrend (inverse pattern).
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