The head and shoulders chart pattern is widely recognized and easily identified in technical analysis. It’s a specific chart formation that predicts a shift from a bullish to a bearish trend. As a trader, you’re probably familiar with this head and shoulders pattern. However, unfortunately, many traders aren’t exactly sure how to correctly utilize signals from the head and shoulders ...

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The double top and bottom patterns are commonly used technical analysis tools in the Stock and Forex market. They are formed when the price of a security moves in a specific pattern, creating a pattern that looks like two peaks or two troughs. The double top pattern is a bearish reversal pattern, indicating that the upward trend is about to ...

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