Head & Shoulders Pattern Video: A Highly Profitable Pattern
Research Performed With TrendSpider
This pattern is renowned for being the most reliable bearish reversal indicator in technical analysis. A H&S pattern suggests an 81% probability of a downward trend, accompanied by an average price decline of 16%.
Did you know TrendSpider can automatically detect chart patterns for you?
Read the full article here: Head & Shoulders Pattern: Trade an 81% Success Rate
My favorite trading tools are TrendSpider and TradingView. This research was performed with TrendSpider, but TradingView is also excellent.
Ratings | TrendSpider 4.8/5.0 | TradingView 4.7/5.0 |
Features | Charts, Watchlists, Screening | Charts, Trading, News, Watchlists, Screening |
Unique Features | Real AI, Pattern Recognition, Best Backtesting, Auto-trading, News Scanner | 20 Million User Community, Backtesting, Bots, Global Data |
Best for | Stock, Options, Fx & Crypto Traders | Stock, Fx & Crypto Traders |
Free Plan | ❌ | TradingView Free |
Free Trial | Free 7-Day | Free 30-Day |
Discount | Use Code "LST30" for -30% on monthly or -63% off annual plans | $15 Discount Available + 30-Day Premium Trial |
Price | $107/m or $48/m annually | Free or $59/m or $49/m (-16%) annually |
Markets | USA | Global |
Full Review | TrendSpider | TradingView |