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A head and shoulders pattern is also a trend reversal formation. It is formed by a peak (shoulder), followed by a higher peak (head), and then another lower peak (shoulder). A “neckline” is drawn by connecting the lowest points of the two troughs. The slope of this line can either be up or down. Typically, when the slope is down, it produces a more reliable signal.

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XAUUSD - LONG - GOLDEN WAVE INC An inverse head and shoulders, also called a "head and shoulders bottom", is similar to the standard head and shoulders pattern, but inverted: with the head and shoulders top used to predict reversals in downtrends. This pattern is identified when the price action of a security meets the following characteristics: the price falls to...

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USDOLLAR Break Downtrend Channel LONG

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XAU H1 Downtrend Channel, Re Entry SORT @ Top Channel

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GU SHORT H! Break Channel, D1 Pinbar SORT

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GBPUSD D1 Long

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XAUUSD D1 Sort Bearish Engulfing

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GBPUSD H4 Double Bottom / W LONG

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XAUUSD W1 PINBAR SORT

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XAUUSD D1 ENGULFing

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DXY D1 HANGING MAN SORT

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EU D1 Inverted Hammer

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GU D1 Inverted Hammer

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GBPUSD D1 Pinbar Long

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XAUUSD Engulfing D1 Sell

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XAUUSD PINBAR D1 LONG

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XAUUSD DOJI D1 SORT

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EURUSD D1 PINBAR LONG