Head and Shoulders
A chart formation that has three peaks or valleys with the middle one being the largest. It is so named because of the fact that the first and third price moves look like shoulders while the second one looks like a head. The head and shoulders pattern is considered to be bearish in an Uptrend, while the inverse head and shoulders is considered to be bullish in a down trend.
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head and shoulders pattern
rounded top
triple bottom
reverse head and shoulders pattern
V bottom
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