the potential trade opportunities and targets. The neckline can be also formed in an angle
Connect "Head and Shoulders" bottoms in a or neckline. When the price closes
below the neckline, a potential short trade is signaled. Short one tick below the breakdown
Target: Compute the vertical distance between the "apex" of the "Head and Shoulders"
pattern and the neckline. The target is set below this distance from the neckline.
After a trade entry, if the price closes above the neckline, a potential failure of the pattern is
signaled. Place a "stop" order above the neckline.