๐Ÿ“ˆ"The trend is your friend until the end when it bends."โ€” Ed Seykota
๐Ÿ“Š"In investing, what is comfortable is rarely profitable."โ€” Robert Arnott
๐ŸŽฏ"The stock market is a device for transferring money from the impatient to the patient."โ€” Warren Buffett
๐Ÿ”"Charts don't lie โ€” they simply reflect the market's truth."โ€” ChartStudio
๐Ÿ’ก"The market is never wrong; opinions often are."โ€” Jesse Livermore
โšก"Price is what you pay, value is what you get."โ€” Warren Buffett
๐Ÿ“ˆ"The trend is your friend until the end when it bends."โ€” Ed Seykota
๐Ÿ“Š"In investing, what is comfortable is rarely profitable."โ€” Robert Arnott
๐ŸŽฏ"The stock market is a device for transferring money from the impatient to the patient."โ€” Warren Buffett
๐Ÿ”"Charts don't lie โ€” they simply reflect the market's truth."โ€” ChartStudio
๐Ÿ’ก"The market is never wrong; opinions often are."โ€” Jesse Livermore
โšก"Price is what you pay, value is what you get."โ€” Warren Buffett
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Patterns

Head & Shoulders

Classic reversal pattern

NecklineLeft ShoulderHeadRight ShoulderBreakdown โ†“

Head & Shoulders is a reversal pattern with three peaks โ€” the middle (head) being highest. The neckline connects the lows between peaks. When price breaks below the neckline, reversal confirms. The target equals the distance from head to neckline, projected downward.

๐Ÿ”‘ Key Takeaway
Three peaks, middle highest. Break below neckline = trend reversal confirmed.
Disclaimer: The content on ChartStudio is for educational and informational purposes only. It is not investment advice. Please consult a qualified financial advisor before making any investment decisions.