Technical Analysis: Head-and-Shoulders Reversal
Introduction A head-and-shoulders (H&S) formation is a chart pattern that indicates a trend reversal. It can occur at the top of an uptrend (i.e. H&S top) or the bottom of a downtrend (i.e. H&S bottom). It is important for one to keep in mind that a trend reversal must has something to reverse, which means … Read more