Candlesticks are recognized as the most practical , simple , and easy to use chart . It also provides all of the information traders require in visual express about strength & direction.
Head and shoulders top is certainly the widespread famous pattern in technical analysis , and it is a constructive pattern , shows you the shift in trend gradually and slowly , from up trend to sideways movement to a down trend .
Types of charts can be varied ( line , bar , candlesticks ) the analysts will choose depend upon the type of analysis and the period explored.
The head and shoulders bottom or inverted head and shoulders after a down trend is an inverted image of head and shoulders top .
Trend is never straight line , unless it would be , easy to determine when it had reversed, so support and resistance is the core of technical analysis and the main concept to understand the trend and supply and demand in all types of charts.