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Archive for Head and Shoulder

Jul
08

Head and Shoulders Pattern – Learn Stock Trading

Posted by: barrydmoore | Comments (0)

Here we discuss the famous Head and Shoulders price pattern. Understood to be one of the most predictive & reliable of patterns the Head and Shoulders pattern has some unique characteristics. However you do need to know what you are looking for.

A Head & Shoulders Pattern has the following traits.

  1. two shoulders.
  2. a high point, the head, in between the shoulders.
  3. the volume should confirm the pattern.

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Categories : 5th Grade - Chart Reading Made Easy, Indicators, Market Analysis
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