Facts don't always translate into reality, but the facts are here for the
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statistics of head and shoulders patterns
- In 93% of cases, the exit from the head and shoulders pattern is bearish.
- In 63% of cases, the price reaches the objective of the head and shoulders pattern when the neck line is broken.
- In 96% of cases, the bearish movement continues at the break in the neck line.
- In 45% of cases, after exiting, the price makes a pullback in resistance on the neck line of the head and shoulders pattern.
Notes on the head and shoulders pattern
- The longer the movement before the formation of a Head and Shoulders (H&S) pattern is, the more forceful the bearish movement at the break of the neck line will be.
- The more abrupt the movement before the formation of a Head and Shoulders (H&S) pattern, the more forceful the bearish movement at the break of the neck line will be.
- Head and shoulder patterns with an upward neck line offer better performance.
- If the left shoulder is higher than the right shoulder, the head and shoulder pattern offers better performance.
- After exiting the head and shoulders pattern, pullbacks in resistance on the neck line are detrimental to performance.
statistics of head and shoulders patterns
- In 93% of cases, the exit from the head and shoulders pattern is bearish.
- In 63% of cases, the price reaches the objective of the head and shoulders pattern when the neck line is broken.
- In 96% of cases, the bearish movement continues at the break in the neck line.
- In 45% of cases, after exiting, the price makes a pullback in resistance on the neck line of the head and shoulders pattern.
Notes on the head and shoulders pattern
- The longer the movement before the formation of a Head and Shoulders (H&S) pattern is, the more forceful the bearish movement at the break of the neck line will be.
- The more abrupt the movement before the formation of a Head and Shoulders (H&S) pattern, the more forceful the bearish movement at the break of the neck line will be.
- Head and shoulder patterns with an upward neck line offer better performance.
- If the left shoulder is higher than the right shoulder, the head and shoulder pattern offers better performance.
- After exiting the head and shoulders pattern, pullbacks in resistance on the neck line are detrimental to performance.
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.