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 trend line must be relatively flat throughout the pattern.
Correct Answer:
Verified
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