Head and Shoulder Pattern
Please watch the video to understand how this pattern shapes.
A Head and shoulders pattern is described by three peaks, the outside two called left and right shoulders which are close in height and the middle is the highest named Head.
A Head and shoulders pattern describes a specific chart formation that predicts a trend reversal or a price consolidation in a very trendy market.
The head and shoulders pattern is believed to be one of the most reliable patterns.
A Head and shoulders pattern is described by three peaks, the outside two called left and right shoulders which are close in height and the middle is the highest named Head.
A Head and shoulders pattern describes a specific chart formation that predicts a trend reversal or a price consolidation in a very trendy market.
The head and shoulders pattern is believed to be one of the most reliable patterns.
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