A head and shoulders pattern is bearish if the price drops below the second shoulder line. A typical head and shoulders pattern is characterized by an initial rally to a peak (the first shoulder ...

I have been asked to expand a little on the chart formation known as the 'Head and Shoulders' (H&S). Most traders will have heard of this pattern, but they may not be aware that the concept can be ...

In the meantime, using my 3% rule and break-even rule keeps ... This is a 15-minute chart showing a very pretty mini-head and shoulders (H&S) pattern with the left shoulder (LS) and right shoulder ...