The head & shoulders chart pattern is a popular technical analysis pattern that signals a potential trend reversal, and it consists of three peaks: a higher peak (head) between two lower peaks (shoulders), indicating a shift from a bullish trend to a bearish one or vice versa
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The Head & Shoulders chart pattern is a highly reliable technical analysis formation that signals a potential trend reversal. Recognized by its distinctive three-peak structure, it helps traders and investors anticipate shifts from bullish to bearish trends and vice versa.
