Which of the following is NOT a feature of the head and shoulders formation?
A) It comes after a prolonged upward change
B) The head must be higher than the tops of the shoulders on either side
C) It must be followed by a reverse head and shoulders formation
D) The shoulder tops must be at approximately equal levels

Question

Quizplus · Accepted Answer

The head and shoulders formation does not require being followed by a reverse head and shoulders formation. It is a chart pattern that signals a potential reversal of a current trend, not a prerequisite for another specific pattern.

Which of the Following Is NOT a Feature of the Head