Question

Which one of the following is correct concerning a head and shoulders top pattern?
A. The outside of the right shoulder is a bullish signal.
B. The shoulders are higher than the head.
C. The left shoulder must be higher than the right shoulder, but lower than the head.
D. A piercing of the neckline is a reversal signal.
E. The trendline must be relatively flat throughout the pattern.

Answer

This answer is hidden. It contains 15 characters.