Head and Shoulder Pattern Trading Strategy

Head and Shoulders Pattern Trading Strategy – Overview, Interpretation with Examples

Traders often study trends and patterns when analyzing the market, in hopes of detecting the next most probable price movement. Spotting and correctly identifying patterns, and understanding their significance, is vital to successful trading. The head and shoulders pattern is quite popular amongst the market participants due to its reliability in the past and of course the success ratio. Let’s understand the pattern in detail. [more]