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Kamis, 23 Mei 2013

Trading the Crown or trading head and shoulders

Trading the Crown or trading head and shoulder is useful when the pattern is formed as two shoulders and a head as the image illustrates
In the videos I found on YouTube is the head and shoulder pattern explained by a fellow; in the first video is the pattern explained and in the second video is the use of the head and shoulder pattern explained.






More information
More information about the head and shoulder pattern is on this link; on the link is also information about the neckline.

Nikkei225 Daily Update

According to this count there is one more wave to the upside left.
Truncation possible.

Seb