According to the chart, in order to avoid a more significant retracement, key support levels like $91,000 and $87,000 must hold. Should these levels be broken, additional bearish pressure might be ...
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.
The prospects of Ren (REN) continuing its ongoing rebound to fresh highs appear slim as a classic bearish reversal pattern begins to emerge. Dubbed head and shoulders, the setup appears when the price ...
In technical analysis, an inverse head and shoulder (H&S) pattern describes a specific chart formation that projects a bearish-to-bullish trend reversal. An inverse head and shoulder reversal pattern ...