Learn Head and Shoulders Chart Pattern

in crypto •  6 months ago 

Welcome to cryptosafari. Today we will discuss about Head and Shoulders Chart Pattern:

IMG_20240509_211323_877.jpg

  • Left Shoulder: First peak, followed by a drop. 📉

  • Head: The highest peak in the pattern.🏔️

  • Right Shoulder: Second peak, often lower than the head. 📉

  • Breakout and Confirmation: After the pattern forms, wait for the price to break the neckline and confirm the trend change. 📈🚀

This classic pattern signals potential trend reversals. Be ready to act! ✔️💵

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6 months ago by
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      ·  6 months ago  ·  

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