HEAD AND SHOULDERS PATTERN
(CLICK ON ABOVE IMAGE FOR CANDLE STICK CHART VIEW FOR BETTER UNDERSTANDING )
A HEAD & SHOULDER PATTERN is a chart patter formation that appears as a baseline with three peaks, where the outside two are similar in height and the middle is highest and breakout confirmed once asset breaks support level and head and shoulders pattern considered one of the most reliable trend reversal patterns is a chart formation that predicts a bullish-to-bearish trend reversal.
HEAD AND SHOULDERS PATTERN WITH CANDLE STICK CHART 👇👇
(FOR CLEAR CHART VIEW CLICK ON ABOVE IMAGE)
Disclaimer: This analysis is purely for educational purpose and does not contain any recommendation. Please consult your financial advisor before taking any financial decision.
INVERSE HEAD AND SHOULDERS PATTERN
An INVERSE HEAD & SHOULDER PATTERN It is the opposite of the regular head and shoulders pattern, which indicates a potential bearish reversal. The pattern suggests a reversal from a downtrend to an uptrend and typically occurs after an extended downward move. It is considered a bullish signal because it indicates that the selling pressure is weakening, and buyers may take control of the market.
HEAD AND SHOULDERS PATTERN WITH CANDLE STICK CHART 👇👇
(FOR CLEAR CHART VIEW CLICK ON ABOVE IMAGE)
Disclaimer: This analysis is purely for educational purpose and does not contain any recommendation. Please consult your financial advisor before taking any financial decision.
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