Lesson 2 of 7
In Progress

Head and shoulders

Head and Shoulders

·  H&S is top reversal pattern = means that a lot of times trend will ended up in H&S before reversal.

·  I will only trade H&S on HTF. They don’t play out so often on STF.


·  Volume should be highest on the left shoulder.

·  After breaking neckline you wan’t to see massive increase in volume.


·  Short is not taken until breaking neckline.

Stop loss

·  Above right shoulder or key level.

Take profit

·  Main TP is distance from top of the head to the neckline.

·  If you have any key level that is closer than your TP, take some profits here and move SL to BE.