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The Head & Shoulders Pattern on the RSI

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The Head & Shoulders Pattern on the RSI

Applying a Simple Head & Shoulders Pattern on the RSI

Sofien Kaabar, CFA
Oct 23, 2022
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The Head & Shoulders Pattern on the RSI

abouttrading.substack.com

Technical pattern recognition is a mostly subjective field where the analyst or trader applies theoretical configurations such as head and shoulders in order to predict the next likely direction. However, we rarely apply them on indicators which may be intuitive but worth a shot. This article discusses applying a direct and flexible version of head & sh…

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