Several ways to trade forex using technical analysis exist. A popular strategy involves looking for classic patterns on exchange rate charts. The head and shoulders pattern falls among the more ...

According to the century-old Dow Theory, the trend in the price movement persists until a reversal occurs. Since those tops and bottoms mark a maximal point of success between the trends, it is easy ...

The Head & Shoulders Pattern is a reversal pattern that every new and experienced trader should know how to utilize because big moves often follow. Article Summary: The head and shoulders pattern is a ...

As you begin to get familiar with technical analysis, you’ll start to see three distinct types of forex chart patterns emerge. While you might be looking for wedges, flags, channels and triangles, the ...

Head and shoulders pattern trading can be a great way to predict and capitalize on the end of a trend and an impending price reversal. A trend reversal formation, head and shoulders patterns are easy ...

-- Buy the EUR/USD pair and set a take-profit at 1.1827. -- Add a stop-loss at 1.1600. -- Timeline: 1-2 days. Bearish view -- Sell the EUR/USD pair and set a take-profit at 1.1600. -- Add a stop-loss ...

The EUR/USD currency pair showed a modest rebound during the latest trading session as investors assessed the implications of a criminal lawsuit involving Feder ...

The EUR/USD exchange rate retreated for two consecutive days after the US released a soft labor report and as traders waited for the upcoming inflation report. It dropped to 1.1635, down slightly from ...

Key Takeaways An inverse head and shoulders is similar to the standard head and shoulders pattern, but inverted. It may be used to predict reversals in downtrends. An inverse head and shoulders ...

Identify head and shoulders pattern to foresee market reversals. Check neckline's shape for pattern strength before investing. Use pattern with other analysis methods for robust decisions. A head and ...