Patterns › Head and shoulders
Chart patterns
Head and shoulders
Three peaks with the middle one highest, then a break below the neckline.
How often it worked
| Market | Times found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| India (NSE) | 27 | 37% | 63% | 0% |
| United States | 21 | 29% | 67% | 5% |
| Japan | 23 | 44% | 56% | 0% |
| Crypto | 300 | 40% | 54% | 6% |
| Forex | 19 | 32% | 58% | 10% |
| Commodities | 12 | 33% | 67% | 0% |
Counted on real past charts by the Trading Class research engine, 402 cases in all. Past odds, not a forecast.
How to practise it
Find the head and shoulders. Buy, sell, or wait? In the app, 36 real examples of the head and shoulders wait for you across 6 markets, and you say what happened next before the chart shows you.
Lesson: Head and shoulders.
Related
Double bottom · Double top · Inverse head and shoulders · Ascending triangle · Descending triangle · Symmetrical triangle · Rising wedge · Falling wedge