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Head & shoulders

Stock market Hard currencyHead and Shoulders

Head & Shoulders
A technical analysis term, describing the chart formation where a stock price peak is preceded and followed by two smaller peaks, both at the resistance point of a stock cycle. This formation sometimes indicates a trend reversal.

 


Head & Shoulders: This formation is generally seen at the end of long trends...
Symmetrical Triangles: All triangle formations are consolidation formations. In symmetrical...

Head & Shoulders - A term used in technical analysis, relating to a chart formation in which a stock price reaches a peak and declines, ...

Head & Shoulders, or version Forex shampoo
The last graph of this configuration is the setup "head-shoulders, Head and Shoulders in English, accompanied by (yes, you guessed it) the configuration of head-shoulders reversed.

There are many techniques applied to historical price charts, including pattern recognition (eg, Head & Shoulders, symmetrical triangle) moving averages, & oscillators (eg, RSI, Stochastics) amongst others.

Unlike some of the famous methods, shrouded in myths and invented by some celebrated, charismatic, and enigmatic personalities to whom they owe their popularity, the well-known Head & Shoulders method was neither concocted by any controversial ...

Number theory (Fibonacci numbers, Gann numbers)
Waves (Elliott wave theory)
Gaps (High-Low, Open-Closing)
Trends (Following Moving Average)
Chart formations (Triangles, Head & Shoulders, Channels) ...

See also: Chart, Trend, Action, Trends, Market

Stock market Hard currencyHead and Shoulders

 
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