There are many interpretations of the Head & Shoulders Pattern.
After much research and back testing I have created a simple process using bespoke levels to objectively identify and trade the pattern.
Through extensive research into Harmonic patterns (in particular the Butterfly ) I have discovered how to accurately predict where the H&S pattern will occur.
The Butterfly Pattern Forms the structure of most H&S patterns.
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This is an Aggressive entry with a higher risk of failure than the second.
Conservative Traders prefer to wait for the second entry which occurs on the retest of the Neckline (100%) after a candle close below it.