According to the century-old Dow Theory, the trend in the price movement persists until a reversal occurs. Since those tops and bottoms mark a maximal point of success between the trends, it is easy ...
Key Takeaways An inverse head and shoulders is similar to the standard head and shoulders pattern, but inverted. It may be used to predict reversals in downtrends. An inverse head and shoulders ...
And so it happened. Gold stocks closed the week below the neck of their inverse head-and-shoulders pattern, while the USD Index closed it above its own inverse H&S. The implications thereof are ...
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