Hi fellow TA people. What do you think about the H&S pattern? What do you think is going to happen in the coming days?

Personally, I think it is still going till **2500** *(very strong support)* if it doesn’t go green for few days and break the trend. ^((Sorry people, don’t hate me. Just sharing my thoughts))

[**Chart**](https://www.tradingview.com/x/xtTpqGNL)

More at: r/NepalStock by NamXina

7 comments
  1. Head and shoulder is bearish for stocks. Whereas INVERSE head and shoulder is bullish for stocks. It’s not MY personal opinion. It’s a broad based analytical perspective that most investors the world over use to gauge the bullish or bearish trend in the market sentiment. It’s taught in business schools as well

  2. yo tapaile banako downtrend channel break bhayera mathi nagainjel samma market bullish hudaina yetti ho maile thaha bhako dherai elliot wave pattern khojnai pardaina

  3. I know people don’t like to hear this but I personally think it will take out the 2500 support. Be ready for a rough ride. Head & shoulder pattern are quite good indicator of investor sentiments. The bear market just started. We are 20% off the peak. Much as you, m invested in this market and so any down trend is paper loss for me too

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