Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...
Key Takeaways An inverse head and shoulders is similar to the standard head and shoulders pattern, but inverted. It may be used to predict reversals in downtrends. An inverse head and shoulders ...
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 ...
According to the century-old Dow Theory, the trend in the price movement persists until a reversal occurs. Since those tops and bottoms mark a maximal point of success between the trends, it is easy ...
The head and shoulders pattern is a chart formation that many investors use to recognize stock trend reversals. In fact, it’s considered one of the most reliable indicators available to investors ...
A possible bullish head and shoulders pattern is in the process of forming on the daily chart for Bitcoin. The right shoulder low at 60,150 is slightly above the left shoulder at 59,573, indicating ...
The QQQ is currently up more than 40% YTD, its best first half of the year in decades. However, the ETF still trades more than 9% below its November 2021 all time high of $408.71. An inverse head and ...
Classic head-and-shoulder patterns are often used to spot breakdowns, before a stock price drops. Learning how to find and trade “inverse” head and shoulder breakouts can be an effective strategy for ...
Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors. I might be over thinking the situation here, but I have reason to believe the head-and-shoulders pattern that ...
Analysts at alternative asset management firm Valkyrie Investments are closely monitoring what looks like a bearish head-and-shoulders (H&S) pattern on bitcoin's BTC $91,161.69 daily chart. The ...
Head and shoulders pattern trading can be a great way to predict and capitalize on the end of a trend and an impending price reversal. A trend reversal formation, head and shoulders patterns are easy ...