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 ...
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 ...
In lesson 3, we looked at the head and shoulders chart pattern. In this lesson, we’re flipping that (literally) to focus on the inverse head and shoulders pattern. While it's also used to help spot ...
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 ...
Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors. The S&P 500 is on the verge of breaking a head and shoulder neck line. A head and shoulder pattern is an ...
-- Buy the EUR/USD pair and set a take-profit at 1.1827. -- Add a stop-loss at 1.1600. -- Timeline: 1-2 days. Bearish view -- Sell the EUR/USD pair and set a take-profit at 1.1600. -- Add a stop-loss ...
Bitcoin’s (BTC) price could see a bullish trend reversal and “propel the next leg up” if the popular trading indicator known as the inverse head-and-shoulders pattern is confirmed, according to a ...
A bullish inverse head-and-shoulders price pattern is building in the combined market capitalization of altcoins. The term “altcoin” is short for “alternative coin” and refers to cryptocurrencies ...
There’s no denying that we’ve seen signs of distribution, from key stocks like Apple, Inc. AAPL and Tesla Inc. TSLA breaking down to breadth conditions that have become less bullish by the week. Last ...
With the Federal Open Market Committee's (FOMC) interest rate cut discounted into the market, but a 50-basis point cut not entirely factored in, the overwhelming positive reaction to the central ...
Geopolitical tensions and evolving trade policies continue to shape cryptocurrency markets as stablecoin giant Circle prepares for its landmark NYSE listing. \ The company behind USDC has increased ...