ilmscore | Head and Shoulders Pattern Rules Predictions
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Head and Shoulders Pattern Rules

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Recent Predictions

Total: 3
Correct: 0
Incorrect: 0
Pending: 3
Unrated: 0
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For a Head and Shoulders pattern, the first rule is a test of the bottom of the previous shoulder. The second rule is that price must come up at least to the right shoulder but cannot touch the head of the pattern.
"my rule number one is met which is a test of the bottom of the previous shoulder so that would be th..."
The Trading Channel (The Trading Channel) The Trading Cha...
Jul 28, 2021
Pending
The Only Chart Patte...
The termination zone for the left shoulder in a Head and Shoulders pattern is between the highest bodies of the right shoulder and the highest bodies of the head. Price must at least touch the right shoulder and not touch the head for a valid pattern.
"the termination zone for what is considered our left shoulder so at this point we know we can see pr..."
The Trading Channel (The Trading Channel) The Trading Cha...
Jul 28, 2021
Pending
The Only Chart Patte...
A break through the neckline zone is required to classify a Head and Shoulders pattern as valid.
"we need a break through the neckline Zone in order to classify this as a valid head and shoulder pat..."
The Trading Channel (The Trading Channel) The Trading Cha...
Jul 28, 2021
Pending
The Only Chart Patte...