Forex trading, like any other market, is driven by human emotion and psychology. These emotions are reflected in the price ...
The head and shoulders pattern might be the most popular stock chart pattern in technical analysis. It gets its name from the fact that it resembles a human head flanked by a set of shoulders.
The ability to recognize and interpret chart patterns is an essential skill for any forex trader looking to make informed ...
A head and shoulders pattern signals potential trend reversals in stock prices. Identify the pattern by noting rising and falling prices forming three peaks. Assure pattern validity by checking ...
What Is an Example of a Head and Shoulders Pattern? (Nasdaq: Apple) In the candlestick chart below (which shows daily intraday highs and lows and closing and opening prices) pictured below ...
The US Dollar (USD) traded lower last Fri post-release of payrolls, unemployment report. But subsequently traded higher into NY close. DXY was last at 105.95 levels, OCBC’s FX analysts Frances Cheung ...
breaking out of a long-term inverse head-and-shoulders pattern. Block (SQ) emerges from an inverse head-and-shoulders chart pattern The "inverse" refers to the fact that the pattern (shown above ...
A 'Descending Triangle' has formed on the chart of MicroStrategy Incorporated (MSTR). This pattern is bearish. The stock may ...