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The head and shoulders chart pattern is a popular and easy-to-spot pattern in technical analysis. It shows a baseline with three peaks with the middle peak being the highest. The head and ...
One of the biggest drivers of stock prices is human emotions, particularly fear and greed. Investors typically exhibit predictable emotions when a stock price moves up and down, and these emotions ...
In simple terms, during a downtrend ... Like every technical indicator, the hammer chart pattern has its limitations.
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