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This type of head and shoulders pattern has more than one left or right shoulders or head. It is also known as multiple head and shoulders pattern. [citation needed] One particular type is known as a Wyckoff distribution, which usually consists of a head with two left shoulders and a weaker right shoulder. [citation needed]
Download as PDF; Printable version; ... Head and shoulders (chart pattern) I. Island reversal; T. Triangle (chart pattern) Triple top and triple bottom; W. Wedge pattern
A chart pattern or price pattern is a pattern within a chart when prices are graphed. In stock and commodity markets trading, chart pattern studies play a large role during technical analysis. When data is plotted there is usually a pattern which naturally occurs and repeats over a period. Chart patterns are used as either reversal or ...
Head and Shoulders may refer to: Bust (sculpture) Head and shoulders (chart pattern), employed in technical analysis, which is a method of stock market prediction "Head and Shoulders" (short story), a short story by F. Scott Fitzgerald first published in 1920; Head & Shoulders, a brand of shampoo by Procter & Gamble
A statement like "It is one of the most reliable chart patterns, and it reaches its projected target in 95% probability" needs a reference. I've seen this said, but I've never seen a reference cited. I'm wondering about NPOV here. This article needs citations (and from neutral sources)! Geoffrey.landis 23:46, 5 May 2010 (UTC) Totally agree.
EditGrid – web-based spreadsheet with charting capabilities; Google Sheets – Online spreadsheet with built-in charting function for basic chart types; KChart – the charting tool of the Calligra Suite; LibreOffice Calc - Built-in charting function for basic chart types; Microsoft Excel – Built-in charting function for basic chart types
An OHLC chart, with a moving average and Bollinger bands superimposed. An open-high-low-close chart (OHLC) is a type of chart typically used in technical analysis to illustrate movements in the price of a financial instrument over time. Each vertical line on the chart shows the price range (the highest and lowest prices) over one unit of time ...
The aspects of a candlestick pattern. A candlestick chart (also called Japanese candlestick chart or K-line [8]) is a style of financial chart used to describe price movements of a security, derivative, or currency. Stock price prediction based on K-line patterns is the essence of candlestick technical analysis.