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 ...

She has 15+ years of experience as a financial writer and technical analyst. The head and shoulders chart pattern is a popular and easy-to-spot pattern in technical analysis. It shows a baseline ...

The XRP price slumped in the first quarter even after some notable Ripple news, including the end of the SEC case and its ...

I love writing about chart patterns because they form the foundation of technical analysis, providing a direct and unfiltered view o ...

I have been asked to expand a little on the chart formation known as the 'Head and Shoulders' (H&S). Most traders will have heard of this pattern, but they may not be aware that the concept can be ...