Enclosed are 2 examples of bearish Head & Shoulders patterns.
Both of these patterns fulfilled the price objective quite precisely, which only goes to prove that chart patterns are quite effective…specially the H&S.
The advantage with these patterns is that the trading parameters – the entry, stop and exit levels are precisely defined.
As they say, a picture says a thousand words –
Sunil
Aiming for the trader's success by creating awareness of the 3M's: Mind, Money & Method by 


