Head and Shoulders Pattern

TVC:DXY   U.S. Dollar Currency Index
Head and Shoulders Pattern is a reversal market trend formation which presents 3 main characteristics that can considered as a strong market uptrend, 2 shoulder having approximately the same height and a pick which higher than the shoulders, located in between called the head, once again, one of the main point here remain the importance to observe the formation of the whole set in order to identify that all the ingredients that compose the head and shoulders are in place in order to take a decision for placing a trade
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