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HEAD AND SHOULDERS in Trading Systems_697bdb568da29

HEAD AND SHOULDERS

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Torroco

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Head and shoulders is a pattern in trading science forex which has very high accuracy in finding a good position for a reversal. Here I will give anexample and at the same time as an opener this topic is expected to be able to discuss about this chart pattern
head and shoulders itself is a form of reversal pattern such as the shape of the head in the right and left way interpreted as a sign of the end of a trend with the right shoulder as the beginning of the opening of a reversal direction



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#1 - June 28, 2021, 08:53:55 PM
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« Last Edit: August 04, 2024, 03:57:49 PM by Admin »

Ikhtiar

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In my opinion, the effectiveness of the Head and Shoulders pattern depends heavily on the market context, the validity of the neckline, volume, and additional confirmation from indicators or price structure. Without clear confirmation, this pattern has the potential to be a false signal.
#2 - December 31, 2025, 09:54:07 PM
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