Types Of Chart Pattern Head And Shoulders

Head And Shoulder

Types Of Chart Pattern Head And Shoulders – Technical analysis is based on the premise that history repeats itself. It follows, then, that if you can analyze the recurrence of identifiable patterns and formations that have preceded or accompanied important market movements in the past, you can get important clues about the future. Some chart patterns are more reliable than others for price forecasting — but none is infallible. Some patterns are very reliable, while others do not end in the price target one would expect. Our effort here is…

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