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The previous post had discussed about a few stock chart cont
inuation patterns.
We cover the head and shoulders chart pattern, a popular reversal pattern found in technical analysis and stock trading literature.
The head & shoulders is one of the most known chart patterns, and often considered the best one. enjoying a win rate of 95%, it is not surprising.
A reverse or inverted head and shoulders pattern is a very reliable stock chart pattern in technical analysis.
One of the most popular stock chart patterns, the reverse head and shoulders pattern is easy to recognize and widely used by technical analysts.