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Topic: Your favourite trading statergy, Head and Shoulder or Cup and Handle? (Read 175 times)

member
Activity: 462
Merit: 10
There are alot of price pattern and candlestick pattern and all of them is have high accurately, and all of that divide in to 2 different thing, that is continuation pattern and reversal pattern. One of the  continously pattern is bull/bear flag, and for reversal pattern is bullish/bearish engulfing.
legendary
Activity: 2478
Merit: 1360
Don't let others control your BTC -> self custody
I can tell you that head and shoulders (and the inverse version) rarely play out. I don't know if its because not many people recognize the pattern when compared to the pure trendlines RSI and volume, but what usually plays out is the wedges (falling and rising) and support lines usually prove to be significant. The most important thing is always volume. I've seen both c&h and h&s not play out multiple times in BTC.
full member
Activity: 420
Merit: 100
I like the strategy of long-term investment but buying in full down market situation with different buying pending orders that makes you able to get coins in the full worst position that are very creative in term of gaining good profit.
newbie
Activity: 97
Merit: 0
I generally don't prefer trading patterns..I just use them as confirmation for price action hypothesis. That said, I think H&S is usually more reliable than cup & handle
newbie
Activity: 86
Merit: 0
i have following thees two strategies,but i most like one is head and shoulder,because i have earn more profits using this strategy and easy to grab trades on right time  Smiley Smiley
legendary
Activity: 1834
Merit: 1036
since when H&S and S&C become a strategy ? it's a pattern not a strategy.
market moves unpredictable and both of them can be used at the same time,because they're not strategy but instead they're a pattern.
do not do it if you do not understand it bro,it will cost you a lot in the future if you use it carelessly

Very much agree with this. It will just tell you the possibility of where the price is heading. Unlike a trading strategy like scalping and shorting to name a few, its a strategy to accumulate money. Scalping is taking advantage of the current movement and movement should be fast enough for you to Bid and dispose at target price.
sr. member
Activity: 1008
Merit: 297
Grow with community
I have been trading for a while now and wanted to know which one you prefer from the two?

it should be both actually prefer if needed

multiple patterns should be considered as well, Triangles,Rising wedge, Falling wedges, Ichimoku, and so on..

patterns are not limited into two only and you must also learn others with its Indicators

member
Activity: 476
Merit: 10
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
Both price pattern is has high accurate and will be more accurate in daily time frame.  This pattern also accurate for trade in others asset like stocks,  gold, forex. Beside that other price pattern that has high accurate is flag pennant.
full member
Activity: 632
Merit: 122
since when H&S and S&C become a strategy ? it's a pattern not a strategy.
market moves unpredictable and both of them can be used at the same time,because they're not strategy but instead they're a pattern.
do not do it if you do not understand it bro,it will cost you a lot in the future if you use it carelessly
newbie
Activity: 29
Merit: 0
for any strategy you wish to use, you need to understand it properly and identify your entries and exits
full member
Activity: 308
Merit: 101
I prefer cup and handle, that is better for price increase for me but you can't choose which one is going to happen, all of bullish ones are good for me  Cheesy
newbie
Activity: 15
Merit: 0
I have been trading for a while now and wanted to know which one you prefer from the two?
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