A true head & shoulders pattern doesn't occur very often, but when it does, man traders believe it's an indicator that a major trend reversal has occurred.
its actually a double head and shoulders patterns inside each other
its actually a double head and shoulders patterns inside each other
Trade active
the price retraced back to test the head and shoulder pattern and just got rejected with a pin bar! let's hope for a sharp fall to the downside.Trade closed: target reached
target reached at 30000
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.