head and shoulders pattern

A Beginner’s Guide to Chart Patterns

Price action trading creates chart patterns in the financial markets through the buying and selling of positions by traders and investors. A chart pattern is a visual record of the votes by bears and bulls around different price levels. There are different types of chart patterns. Continuation chart patterns that confirm a trend is going to […]

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Identifying The Head and Shoulders Pattern

Chart Patterns / Steve Burns

The Head and Shoulders Chart Pattern is one of the most popular and bearish patterns in technical analysis. It defines three attempts to make highs and then trend but fail, it precedes many major corrections and bear markets. Chart Facts: The Head and Shoulders chart pattern is a reversal pattern of an uptrend. The pattern

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