HEAD & SHOULDERS PATTERN AND A LIVE EXAMPLE IN AUDJPY
Head & Shoulders pattern is popularized amount traders, the H&S is one of the first patterns traders come in contact with.
H&S are formed in all time frames and in all markets.
Here is an example of AUDJPY trading H&S in a Daily Chart.
H&S are reversals patterns, they can be trade in all times frames but i like to use the H&S in smallest time frames as Price action reversal patterns, If I were trading other pattern than H&S the H&S in M30 for example would be a signal for me telling me it worth to take a trade amounts others trading methods.
H&S are formed in all time frames and in all markets.
Here is an example of AUDJPY trading H&S in a Daily Chart.
H&S are reversals patterns, they can be trade in all times frames but i like to use the H&S in smallest time frames as Price action reversal patterns, If I were trading other pattern than H&S the H&S in M30 for example would be a signal for me telling me it worth to take a trade amounts others trading methods.
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