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Thursday, July 9, 2009

Head and shoulders (chart pattern)

The head and shoulders pattern is a commonly found pattern in the price charts of financially traded assets (stocks, bonds, futures, etc). The pattern derives its name from the fact that its structure is visually similar to that of a head with two shoulders

Contents[hide]
1 Structure of Head and Shoulders Pattern
2 Interpretation
3 See also
4 External links

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