The has developed a strong and powerful reversal pattern, which means previous bullish analysis must be revised. The dominant pattern on the Dow is a long-term head-and-shoulder pattern that is best ...

What is head and shoulders chart pattern? The inverse head and shoulders pattern is a powerful technical analysis tool that can help traders identify potential trend reversals in financial markets.

Continuing with the classic chart patterns, we will be discussing Head and Shoulder pattern. As the name suggests the pattern has the shape of a head and two shoulders. It can act as a reversal or ...