She has 15+ years of experience as a financial writer and technical analyst. The head and shoulders chart pattern is a popular and easy-to-spot pattern in technical analysis. It shows a baseline ...

A head and shoulders pattern is bearish if the price drops below the second shoulder line. A typical head and shoulders pattern is characterized by an initial rally to a peak (the first shoulder ...

SUI has dropped from $5 to $2.22 after breaking below the neckline of a head and shoulders pattern. The CMF and MACD suggest ...

XRP is creating the first lower highs since November 2024. The price is trading inside a head and shoulders pattern. Will XRP break down from this pattern, ending its consolidation? Interested in ...

I have been asked to expand a little on the chart formation known as the 'Head and Shoulders' (H&S). Most traders will have heard of this pattern, but they may not be aware that the concept can be ...