How to Detect Head and Shoulders

System In Detecting Potential Head and shoulders

Tools
1. CM_Ult_Macd = detect divergence and crossover confirmation
2. RSI = detect divergence

Skills needed
1. Support And Resistance
2. ABCD Pattern


Rules
1. Shoulders must be Below the Head
2. Start of neckline must above Point A or at the point A.


Find the the key factor.
1. ABCD Points or ABC
    To give you more idea about ABCD Pattern watch this Video

2. Confirm the ABCD Points to the Cross over of the MACD
3. Detect Divergent by using RSI or MACD in which B point is the Shoulder and D point is the head
4. Let ABCD points be the guide of your support and Resistance