Head and Shoulders

Trading Basics

Head and Shoulders

A complex price pattern that forms in an uptrend and suggests a reversal.

Head and Shoulders pattern in the AUD/NZD pair
Head and Shoulders pattern in the AUD/NZD pair

Other Trading Basics

At Best

An order type that instructs the broker to get the best possible price they can obtain for a trader or investor

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Book Value

A valuation of something using its net assets on the balance sheet.

A very rough way of valuing an asset because it ignores the intangibles.

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