Head and Shoulders in Charts and Highlights for the Week Ahead – VLOG 9

Continuing with the theme of trading patterns David explains one of the most popular setups in the trading world – the “Head and Shoulders” formation. Using real examples he shows us how to interpret it when it happens, as well as the potential pitfalls of relying too much on similar formations that are not confirmed with indicators or the larger trend.
Among the highlights that David is looking forward to this week are the CPI and Average Earnings data from the UK and the GDP number for Japan, respectively the GBP/USD and USD/JPY.

At Trading 212 we provide an execution only service. This video should not be construed as investment advice. Investments can fall and rise. Capital at risk. CFDs are higher risk because of leverage.

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