The head and shoulders pattern is one of the most famous reversal patterns in technical analysis, and it usually indicates the end of an uptrend and the beginning of a downtrend. It consists of three peaks: the first (left shoulder), then a higher peak (head), and then a lower peak (right shoulder). There is a support line known as the "neckline," and if it is broken after the pattern forms, it is considered a strong signal for a decline. Traders use this pattern to identify entry and exit points, and it is preferred to confirm the break with high trading volume. It can also appear inverted (inverted head and shoulders) to indicate a bullish reversal.

#MetaplanetBTCPurchase #VietnamCryptoPolicy