Aug 10, 2020 00:54
3 yrs ago
8 viewers *
English term

head and shoulders pattern

GBK English to Czech Bus/Financial Economics
Definition from Investopedia:
A head and shoulders pattern is a chart formation that appears as a baseline with three peaks, the outside two are close in height and the middle is highest. In technical analysis, a head and shoulders pattern describes a specific chart formation that predicts a bullish-to-bearish trend reversal. The head and shoulders pattern is believed to be one of the most reliable trend reversal patterns. It is one of several top patterns that signal, with varying degrees of accuracy, that an upward trend is nearing its end.
Example sentences:
Once a trader knows how to identify the standard and inverse head and shoulders patterns, it’s relatively easy to apply it to technical analysis in both forex and equity markets. (Daily FX)
Before making any trades, it’s important to let the Head and Shoulders pattern fully form itself. If the pattern is still not complete, you shouldn’t assume that it will fully develop and make trades upon that belief. The market is volatile; it always changes at a rapid pace. (Capital)
Second, the head and shoulders pattern is found when there’s a change in trend direction. If you know what you’re doing, you can potentially find trade setups that meet solid risk/reward criteria. (StocksToTrade)
Proposed translations (Czech)
5 formace Hlava a ramena
Change log

Aug 3, 2020 21:00: changed "Kudoz queue" from "In queue" to "Public"

Aug 10, 2020 00:54: changed "Stage" from "Preparation" to "Submission"

Aug 13, 2020 01:56: changed "Stage" from "Submission" to "Selection"

Aug 20, 2020 01:54:

Sep 9, 2020 01:54:

Oct 9, 2020 01:56:

Proposed translations

3 days 7 hrs

formace Hlava a ramena

It is a name of a pattern, I think there should be upper case in the word "Hlava" (head) (although people do not always use upper case in the respective examples)
Definition from www.investicniweb.cz:
Formace Hlava a ramena se skládá ze dvou nižších vrcholů (ramena), které jsou po obou stranách nejvyššího vrcholu (hlava). Může vzniknout jak v rostoucím, tak v klesajícím trendu.
Example sentences:
Cenová formace hlava a ramena (Head and shoulders) se často vyskytuje na konci dlouhých rostoucích trendů a značí konec neboli obrat dosavadního trendu. (www.novinky.cz)
V dnešním díle seriálu o technické analýze se podíváme na cenovou formaci hlava a ramena, nebo anglicky Head and Shoulders (H&S). (www.finex.cz)
Formace hlava a ramena je jednou z nejčastějších, ale také nejspolehlivějších formací. (www.patria.cz)
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