Tag: head and shoulders

Advanced Read of Head and Shoulders Chart Pattern

Among classic technical analysis pattern, the head and shoulder chart pattern stands out of the crowd. A head and shoulders chart is a reversal pattern that allows incorporating both price and time in an analysis. I wanted to get your attention from the first paragraph. Reread it! What’s unusual? Price and time. In Forex trading, […]

Trend Reversal Patterns Forex Trading

Spotting a trend reversal is the dream of every trader. It gives an early entry and offers a competitive advantage against conservative traders. As for reversal patterns, Forex traders have a plethora to choose from. Therefore, they focus on the most powerful reversal patterns and use them with a proper money management system. There are […]

Forex Head and Shoulders Chart Pattern - Live Trading Example

In this live Forex trading example I managed to trade one of the best Forex chart patterns – the Head and Shoulders. I spotted the structure of the figure and I shorted the GBP/USD on the assumption that the price is about to decrease. Have a look at the video to see how to tackle […]

Head and Shoulders Chart Pattern - Live Forex Trading Example

This time I have a Forex video example of a classical pattern that often appears on the Forex charts. This is the Head and Shoulders chart pattern that usually reverses the bullish trends to set the beginning of a fresh bearish run. This is what actually happened on the chart. Signals of the Head and Shoulders Trade The […]

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