We already managed Today, we do have three interesting occasions with one pattern – inverse head and shoulders. First, one can be currently seen on Gold. We already managed to break the neckline ...
A head and shoulders pattern is bearish if the price drops below the second shoulder line. A typical head and shoulders pattern is characterized by an initial rally to a peak (the first shoulder ...
I have been asked to expand a little on the chart formation known as the 'Head and Shoulders' (H&S). Most traders will have heard of this pattern, but they may not be aware that the concept can be ...
This is a 15-minute chart showing a very pretty mini-head and shoulders (H&S) pattern with the left shoulder (LS) and right shoulder (RS) lying beneath the head. I have drawn the neckline ...
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