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 ...
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 ...
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 ...
“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.
Toncoin's price rollercoaster continues as institutional investors maintain significant holdings despite recent turbulence.
Fortinet faces bearish trends as technicals weaken, growth stalls, and overvaluation concerns rise. Click here to find out ...
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 ...
The current price places TON above the inverse head & shoulders’ neckline resistance of $3.88, hinting at upward continuation ...