Technical_Analysis_page_356

Technical | Analysis page 356 | https://thedailydialectics.com/pdfs/economics/Technical_Analysis/Technical_Analysis.pdf

Chapter 15 Bar Chart Patterns 327 An uptrend, but not necessarily long-term trend, precedes a head-and-shoulders top. Thus, as shown in Figure 15.14, the head-and-shoulders top pattern is entered from below. (The head- and-shoulders pattern can also occur within a consolidation rather than at the…