She has 15+ years of experience as a financial writer and technical analyst. The head and shoulders chart pattern is a popular and easy-to-spot pattern in technical analysis. It shows a baseline ...
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 ...
XRP is creating the first lower highs since November 2024. The price is trading inside a head and shoulders pattern. Will XRP break down from this pattern, ending its consolidation? Interested in ...
Explore the top XRP price prediction, and the key opportunities and risks that the Ripple token faces in the near term.
Price action in the AUDUSD since the October 2008 low has carved out what could be a head and shoulders continuation pattern. This is pure speculation at this point but the ‘look’ is there.
The current price places TON above the inverse head & shoulders’ neckline resistance of $3.88, hinting at upward continuation ...
This bullish continuation pattern signals a temporary consolidation before the prevailing uptrend resumes. The components include a strong bullish candlestick, followed by three or more smaller ...
While the AUDUSD trend is still strongly bullish, price action since the October 2008 low has carved out what could be a head and shoulders continuation pattern. This is pure speculation at this ...