Left shoulder: This part appears to show a strong rally, with the slope of the rally being greater than the prior uptrend, on strong volume.
Head: The head is a more pronounced version of the left shoulder. A rally following the first shoulder takes the security to a higher high than the left shoulder by a significant enough margin to be clearly evident on the price chart. Volume is typically lower in this rally, .
Right shoulder: The right shoulder is a mirror image of the left shoulder but on lower volume, signifying less buying enthusiasm.
Hello,
The answer should be option C,
Left shoulder: This part appears to show a strong rally, with the slope of the rally being greater than the prior uptrend, on strong volume.
Head: The head is a more pronounced version of the left shoulder. A rally following the first shoulder takes the security to a higher high than the left shoulder by a significant enough margin to be clearly evident on the price chart. Volume is typically lower in this rally, .
Right shoulder: The right shoulder is a mirror image of the left shoulder but on lower volume, signifying less buying enthusiasm.
Hope this helps!