
Technical | Analysis page 358 | https://thedailydialectics.com/pdfs/economics/Technical_Analysis/Technical_Analysis.pdf
Chapter 15 Bar Chart Patterns 329 improves performance, whereas decreasing volume on the breakout from a top pattern increases performance. Pullbacks or throwbacks are frequent—roughly 45%—63% for bottoms and 60%-67% for tops. In summary, the head-and-shoulders pattern—aside from being the best…