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