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HEAD AND SHOULDERS

Tremblay
Mar 28 at 10:11
330 Posts
Only technical knowledge is not sufficient. It is the combination of strategy, discipline, mind set, emotion control, money management and risk management. We need all of these. With an average strategy and all other qualities a person can make regular profit.

caseykeller
Apr 06 at 11:36
6 Posts
A head and shoulder pattern is a trend reversal formation. It describes a specific chart formation that predicts a bullish to a bearish trend reversal.

caseykeller
Apr 07 at 11:58
6 Posts
A head and shoulder pattern is a trend reversal formation. It describes a specific chart formation that predicts a bullish to a bearish trend reversal.

suzannewallace
Apr 09 at 10:49
12 Posts
You can read about it in detail and try to understand how it actually works. Good luck to you.

fernbeforesun
Apr 09 at 12:11
9 Posts
What targets are suitable for head and shoulders? I understand SL is at the top peak but what about the TP?

CraigMcG2020
Apr 09 at 13:43
158 Posts
Its a measures move so you measure from the head to the neckline and then whatever that is that's your TP pip target

lisabethluke
Apr 16 at 10:56
12 Posts
It can be a profitable strategy but you should read about it to understand better. Watching a video might help too.

yana hansen (78678676)
Apr 17 at 05:58
137 Posts
richardmarcus posted:
78678676 posted:
Help me understand how the Head and Shoulders pattern works?

A head and shoulders pattern is a chart formation that appears as a baseline with three peaks, the outside two are close in height and the middle is highest. In technical analysis, a head and shoulders pattern describes a specific chart formation that predicts a bullish-to-bearish trend reversal.

Really like your answer. Simple and nice explanation.


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