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 ...

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 ...

SUI has dropped from $5 to $2.22 after breaking below the neckline of a head and shoulders pattern. The CMF and MACD suggest ...

Crypto chartist Melika Trader has identified a developing head-and-shoulders pattern on BTC's 4-hour chart, often seen as a prelude to a major reversal. The structure includes a double-headed top ...

We are referring to the head-and-shoulders pattern, comprising three peaks, with the middle being the highest. A horizontal line drawn from the base of the three peaks, the neckline, marks the key ...