Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

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 ...

In this lesson, we dive into the head and shoulders chart pattern: a powerful tool widely recognised for its ability to signal potential trend reversals in financial markets. It typically indicates a ...

Chainlink price movements have been shaped by both macro-level market trends and strategic partnerships, signalling that the ...

SOXX has had an underwhelming 2024. It is closely correlated to MSFT which shows how much it relies on the hyperscalers. A large head and shoulders top is forming and the uptrend channel has broken.

A possible bullish head and shoulders pattern is in the process of forming on the daily chart for Bitcoin. The right shoulder low at 60,150 is slightly above the left shoulder at 59,573, indicating ...

Classic head-and-shoulder patterns are often used to spot breakdowns, before a stock price drops. Learning how to find and trade “inverse” head and shoulder breakouts can be an effective strategy for ...

Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors. I might be over thinking the situation here, but I have reason to believe the head-and-shoulders pattern that ...

A bullish inverse head-and-shoulders price pattern is building in the combined market capitalization of altcoins. The term “altcoin” is short for “alternative coin” and refers to cryptocurrencies ...

Oil Prices Spike over the Weekend as Private Groups and Governments Look to Set Embargos on Russian Oil Investor Fear Increases as the Russia-Ukraine Conflict Continues, Causing Analysts to Change ...

In lesson 3, we looked at the head and shoulders chart pattern. In this lesson, we’re flipping that (literally) to focus on the inverse head and shoulders pattern. While it's also used to help spot ...