Does head and shoulder pattern really works

Hello Everyone , how are you . Hope you guys doing well .Today I will talk about trading pattern and I think you guys surely hear about this pattern which is Head and Shoulder pattern .

Most of the time when we see on the internet that the head and shoulder pattern is the most tested and best trading strategy of all time and we think it works in every situation . Then we try to trade with the pattern sometimes it works and sometimes it doesn't .

Now the question is when should we trade on head and shoulder and when we shouldn't ? It works on some conditions and we have to remember the conditions .

Actually when we try to place a trade our 1st attention should be where the market is trending and what is the markets current condition . Is it trending down or Trending up . Detecting the trend should be the major condition of taking trade . There is a proverb that "Trend is your friend".

The second condition is key zone. I think taking trade without detecting key zones is such foolishness. We can say supply and demand as well. If we look at professional traders they always look for supply and demand trade.

So , if you take any trade It could be double top , double bottom and head and shoulder we must have to identify the above conditions . Then we can be a profitable trader .

Trading is such a hard thing . You have to maintain your money management , your profit and loss ration , your emotions and many more things . This could be the easiest thing if you maintain the trading rules . Enough for today , hope those words will be helpful to you. Thank you for your time