What Is Head and Shoulders Chart Pattern?

Discussion in 'Candlestick Patterns' started by Sam, Oct 23, 2015.

  1. Sam

    Sam Forum Member

    Joined:
    Sep 1, 2015
    Messages:
    1,726
    Likes Received:
    1
    Head and Shoulder Patterns can be normal or inverted. The normal head and shoulders consists of three peaks where the center peak is the highest while the Inverted Head and shoulders consists of three lows with the center low the lowest. A neckline is drawn through the lowest points either side of the head. A break through the neckline provides a "sell opportunity" With the Inverted Head and Shoulders the neckline is drawn through the top of the two peaks either side of the head. A break through the neckline provides a "buy opportunity".


    upload_2015-10-23_9-44-31.png

    upload_2015-10-23_9-46-4.png

    upload_2015-10-23_9-46-40.png
     

Share This Page

free forex signals