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 ...

Learn how the head and shoulders pattern signals trend reversals in technical analysis, aiding traders in identifying shifts from bullish to bearish movements.

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 ...

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 ...

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 ...

The GBP/USD pair was flat on Tuesday as traders waited for a statement from Jerome Powell and other Federal Reserve officials. It was trading at 1.3336, down from the September high of 1.3725. The GBP ...

Sell the BTC/USD pair and set a take-profit at 100,000. Add a stop-loss at 112,000. Timeline: 1-2 days. Bullish view Buy the BTC/USD pair and set a take-profit at 112,000. Add a stop-loss at 100,000.

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 ...

In lesson 3, we looked at the head and shoulders chart pattern. In this lesson, we’re flipping that (literally) to focus on the inverse head and shoulders pattern. While it's also used to help spot ...