Several ways to trade forex using technical analysis exist. A popular strategy involves looking for classic patterns on exchange rate charts. The head and shoulders pattern falls among the more ...
Identify head and shoulders pattern to foresee market reversals. Check neckline's shape for pattern strength before investing. Use pattern with other analysis methods for robust decisions. A head and ...
The head and shoulders pattern is a highly-reliable technical formation that signifies a reversal in a stock's trend. As you can see in the figure below, the pattern is named because it looks like a ...
Ryan Eichler holds a B.S.B.A with a concentration in Finance from Boston University. He has held positions in, and has deep experience with, expense auditing, personal finance, real estate, as well as ...
SOXX has had an underwhelming 2024. It is closely correlated to MSFT which shows how much it relies on the hyperscalers. A large head and shoulders top is forming and the uptrend channel has broken.
Oil Prices Spike over the Weekend as Private Groups and Governments Look to Set Embargos on Russian Oil Investor Fear Increases as the Russia-Ukraine Conflict Continues, Causing Analysts to Change ...
Every trader aims to buy low and sell high, but only a few are able to muster the courage to go against the herd and purchase when the downtrend reverses direction. When prices are falling, the ...
After rallying over 50% since early November, bitcoin (BTC), the leading cryptocurrency by market value, looks to be carving out a pattern. If completed, this could see prices revisit the mid-$70Ks.