7pasos
Short

This is how i like the H&S

FX:USDJPY   U.S. Dollar/Japanese Yen
236 2 2
Here are a simple example of what I like to see when a head and shoulders concern:

A clear and even better a strong trend, that suddenly decelerate when forming the head and shoulders
A clear lost of momentum (look at the MACD divergence
A clear pattern formation with a healty risk reward ratio (this time over 1 to 1.5

When you trade pairs do not have volume thats why you should look for this aditional confirmations.
7pasos
3 years ago
This is one of those...
Reply
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