APT - chart only, page-18

The pink support trend line (neckline) was well respected, price had touched/bounced off it 5 times!
The neck line was clearly breached on the right shoulder, indicating that it IS a Head and Shoulders pattern.

I have also said that the pattern may be failing as price has now pushed above the neckline.
Although this isn't a confirmation of it failing either yet!
Just a caution as it has gone above the neckline.



I don't understand what you're trying to get at @nihilism?
These are TA rules for Head and Shoulders pattern, not an opinion like yours...

I would of thought someone with as many posts as you could understand stand this.

Poor form..


I've added some pictures so you can brush up on your TA too.
We wouldn't want anyone losing more doubt in your opinions here....