the head and shoulders formation occurs when a market trend is in the process of reversal either from a bullish or bearish trend
It is a specific chart formation that predicts a bullish-to-bearish trend reversal. The pattern appears as a baseline with three peaks, where the outside two are close in height, and the middle is highest.
white trend line is neck line
It is a specific chart formation that predicts a bullish-to-bearish trend reversal. The pattern appears as a baseline with three peaks, where the outside two are close in height, and the middle is highest.
white trend line is neck line
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