The “h” Pattern is a style that emerges on a chart shaped like a lower case letter 'h', and it can emerge in the Forex, Futures, and Stock markets. It shares some characteristics with a bear flag but is more distinct compared to it.
What is H pattern trading?
H Pattern trading is a technical chart analysis strategy that identifies potential trend reversals after a stock has experienced a sharp decline. This pattern is characterized by a steep price drop, a temporary rebound, and a subsequent fall below the previous low, forming a shape that resembles the letter “h”.
What is a H-pattern stock chart?
The h-pattern can be an important signal when you’re trying to manage a trade in a volatile market. How does the h-pattern stock chart look? The pattern is shaped like a lower-case letter “h.” It can appear in stocks, forex, or futures price charts.
