Stoploss.ch

Selected Chart Pattern

Head and Shoulders

Pattern Description:

The head-and-shoulders pattern is believed to be one of the most reliable trend-reversal patterns. It consists of three successive rallies, the second being the highest. The name derives from the fact that on a chart the first and third rallies look like shoulders and the second looks like a head. Completion of the pattern constitutes initiation of a bear market.

Head and Shoulders

The Elasticity2 System for Metastock

The Elasticity2 System for Metastock

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