Head And Shoulders Chart. The Head and Shoulders chart pattern is a heavily used charting pattern giving easily understood potential buy and sell signals. Head and Shoulders Chart pattern.
A head and shoulders pattern is a chart formation that appears as a baseline with three peaks where the outside two are close in height and the middle is highest. Inverse Head Shoulders pattern 2. Target1 3280-3210Can be expected 2.
On the technical analysis chart the Head and shoulders formation occurs when a market trend is in the process of reversal either from a bullish or bearish trend.
A head and shoulders pattern is a chart formation that appears as a baseline with three peaks where the outside two are close in. The head and shoulders pattern is easily recognizable on the price chart. A head and shoulders pattern consists of a peak followed by a higher peak and then a lower peak with a break below the neckline. The Head and Shoulders chart pattern is a price reversal pattern that helps traders identify when a reversal may be underway after a trend has exhausted itself.