IMPORTANT: given here descriptions are very, very brief remarks by my guide to "technical analysis - the" technical analysis "for ordinary shareholders: 4 tools to predict the trend" that I have written specifically for stock entry have!
the inverse (opposite) shoulder, head and shoulders pattern is the mirror image of the SKS-Formation (see previous post). The average depth symbolizes the head (the head of state), the two higher lying left and right shoulder.
legend for the graph:
- The thick zig-zag line at the top of the graph to represent the course line.
- The horizontal red line above the three depth is the neck line that is by connecting the two highs and continuation of the band formed.
- The bars in the bottom of the graph to represent the volume of development.
- 1: The course line breaks through the neckline.
- 3: The breakthrough occurs with large volume.
- 1 + 3: 1 and 3 is given, this is a clear entry signal (1)!
- 2: The minimum share price resulting from the transfer of the vertical distance between the head and nape of the neck above the breakthrough.
iSKS The formation is mainly a formation of the primary (long term) trends. They also
is a reversal formation - from down in the upward trend.
