The “Fan Principle” is a powerful technique in trading, using trendlines to predict price movements.
Highlights
📈 Powerful Technique: The Fan Principle is formidable in technical analysis.
📉 Identifying Points: Drawing trendlines from three key points.
🔴 Trading Signals: Buy or sell signals can be identified depending on the pattern.
📊 Practical Examples:...
The "Head and Shoulders": Real success rates.
Inverted Head and Shoulders: WATCH volumes when the neckline breaks!!
Here is what we can say about the success rate of the inverted head and shoulders pattern in trading:
- The inverted head and shoulders pattern is considered one of the most reliable chart patterns to anticipate a bullish reversal.
- According to...