The head and shoulders is a common reversal pattern.
The right shoulder indicates a final movement in this pattern and should continue past the neckline.
The right shoulder indicates a final movement in this pattern and should continue past the neckline.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.