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Tagged: Head and Shoulders
head and shoulder is one of the price distribution pattern in technical analysis.. it has two shoulders (left and right) and one head..
the conditions to determine the bearish trend are the left shoulder should be high while comparing with the right shoulder. in this situation the volume traded will be high in left side..
Head and Shoulder is One of Price distribution Pattern Which accomplish Left shoulder, Head and Right Shoulder.
Significant Rally prior Before Head and shoulder which Indicate reversal trend. Head Price should be higher among the Recent Price Pattern. Left shoulder volume should be Highest. Duration of each Pattern Min 1 Month. Right shoulder Volume should be low as possible Which Indicates Bearish Trend.
Rises to a peak and subsequently declines
Then the rpice rises above the former peak and again declines
And finally rises again, but not to the second peak and declines once more
rise to a peak and subsequently declines
And finally, rises again, but not tot he second peak and declines once more
Head and Shoulder is One of Price distribution Pattern Which accomplish Left shoulder, Head and Right Shoulder.
Rises to a peak and subsequently declines.
Then the price rises above the former peak and then again declines.
And finally price rises again, but not to the second peak and but declines and breaks the previous low.
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