A head and shoulders pattern is a formation on a technical analysis chart that indicates a security or commodity is in the process of reversing gains or losses. In a declining trend leading to losses, ...
In this lesson, we dive into the head and shoulders chart pattern: a powerful tool widely recognised for its ability to signal potential trend reversals in financial markets. It typically indicates a ...
What is head and shoulders chart pattern? The inverse head and shoulders pattern is a powerful technical analysis tool that can help traders identify potential trend reversals in financial markets.