Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

Classic head-and-shoulder patterns are often used to spot breakdowns, before a stock price drops. Learning how to find and trade “inverse” head and shoulder breakouts can be an effective strategy for ...

A possible bullish head and shoulders pattern is in the process of forming on the daily chart for Bitcoin. The right shoulder low at 60,150 is slightly above the left shoulder at 59,573, indicating ...

Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors. The S&P 500 is on the verge of breaking a head and shoulder neck line. A head and shoulder pattern is an ...

-- Buy the EUR/USD pair and set a take-profit at 1.1827. -- Add a stop-loss at 1.1600. -- Timeline: 1-2 days. Bearish view -- Sell the EUR/USD pair and set a take-profit at 1.1600. -- Add a stop-loss ...

Bitcoin’s (BTC) price could see a bullish trend reversal and “propel the next leg up” if the popular trading indicator known as the inverse head-and-shoulders pattern is confirmed, according to a ...

SOXX has had an underwhelming 2024. It is closely correlated to MSFT which shows how much it relies on the hyperscalers. A large head and shoulders top is forming and the uptrend channel has broken.

Bitcoin’s inverted head and shoulders pattern hints at potential upward breakout, targeting $117,000. Ethereum trades within narrowing consolidation, with key levels set at $4,200 and $4,500. Weaker ...

After rallying over 50% since early November, bitcoin (BTC), the leading cryptocurrency by market value, looks to be carving out a pattern. If completed, this could see prices revisit the mid-$70Ks.

There’s no denying that we’ve seen signs of distribution, from key stocks like Apple, Inc. AAPL and Tesla Inc. TSLA breaking down to breadth conditions that have become less bullish by the week. Last ...