Trading cryptocurrencies for over 10 years, it's all about simplifying complex matters and focusing on a few familiar patterns; repeating simple tasks allows the novice to easily grasp the operational trajectory of the main forces! Everyone might as well learn this technique from the novice and embark on a new chapter in their investment career!
The head and shoulders pattern is considered one of the most reliable major reversal patterns.
(1): Inverse Head and Shoulders Pattern
The inverse head and shoulders pattern is a typical trend reversal pattern that appears as a bullish pattern towards the end of a downtrend, formed by the left shoulder, bottom, right shoulder, and neckline.
(2): Head and Shoulders Pattern:
The head and shoulders pattern is one of the most common reversal pattern charts. The head and shoulders pattern is a bearish pattern that occurs as an uptrend approaches its end, formed by the left shoulder, head, right shoulder, and neckline. This is the opposite of the inverse head and shoulders pattern! #技术分析