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SM Stock Market Method

Most 'Head And Shoulders' Aren't #shorts

TL;DR

Full video: https://youtu. be/wpCBIm3SVGA Most 'Head And Shoulders' Aren't.

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Where this fits in the Confluence Method

This lesson lives in the Stack step of the Confluence Method, where you confirm a trigger, a key level and momentum before a setup qualifies as a trade.

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Full transcript

1 sections

0:00Most HNS patterns fail because volume profile is wrong. Here's the structural rule. Real head and shoulders shows declining volume from left shoulder through head with the lightest volume on the right shoulder. Neckline break must have volume expansion. I broke down the volume rule plus neckline confirmation on real charts in the full video link in the description.