Bullish Head and Shoulders zoom »
When this trading pattern occurs the correct strategy is to wait for the neck
line to be penetrated by the price. Subsequently a close below the neck line
can be an excellent signal for a change in trend.
Bearish Head and Shoulders zoom »
When this trading pattern occurs the correct strategy is to wait for the neck
line to be penetrated by the price. A signal for a change in trend with the
inverted (Up side down) head and shoulder pattern would be penetration and
a subsequent close of price above the neck line.
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