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 ...

Recognizing the emergence of a Head & Shoulders pattern in a price chart can assist investors in their trading decisions. This is a type of Technical Analysis. Investors may use a Head & Shoulders ...

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 ...

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 ...

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.

Bitcoin risks a drop below $100,000 as bearish patterns form and outflows surge, but reclaiming $105,000 could avert a deeper ...

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 ...

EUR/USD Technical Analysis EUR/USD is currently forming a head and shoulders pattern, which usually signals a potential decline. If this pattern plays out, sellers could push the price below the ...

Analysts at alternative asset management firm Valkyrie Investments are closely monitoring what looks like a bearish head-and-shoulders (H&S) pattern on bitcoin's BTC $110,916.49 daily chart. The ...

The slump in India’s 50-member Nifty index on Tuesday sent the markets below a key support level, activating a chart formation that could trigger more losses. The benchmark dropped 1.5% to 21,238.80, ...

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 ...