Head and Shoulders Formations

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What You Need to Know About Head and Shoulders Formation

 

Head and Shoulders Formation is one of the more reliable long-term trend change indicators.

 

The below chart is a portion of the December 2020 CBOT wheat daily price chart. Each vertical line represents the price range for each trading day. From about the middle of October to November 12th, December wheat traded at or above $5.86...

Head and Shoulders Formations

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