Example of the pattern head and shoulders. In this case, the left and right shoulders are almost at the same height. The pattern closed below the neckline.
The minimum objective was not reached (the vertical distance from head to neckline projected downward from the breaking of the neckline).
The minimum objective was not reached (the vertical distance from head to neckline projected downward from the breaking of the neckline).
Order cancelled
Please do not consider this idea. The pattern is wrong.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.