Series 7 - General Securities Representative Exam
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A head and shoulders pattern is
Bullish
A
Bearish
B
Neutral
C
Volatile
D
Explanations
A head and shoulders pattern is a bearish reversal pattern characterized by a high, a higher high, then a lower high equal to the first high. It is known as a bearish reversal pattern. An inverted head and shoulders is bullish (exam likes head and shoulders patterns)