You can spot the breakdown early. Stay for the name
The Head and Shoulders shows three peaks, a tall middle one, then the neckline breaks down. A Rounding Top curves slowly over the highs, then price breaks down below support.
A Double Top forms two equal highs, then price breaks the neckline and falls. A Bearish Pennant follows a sharp drop, tightens into a small triangle, then breaks lower.
A Rising Wedge has two rising lines squeezing together, often signaling a drop ahead.
Read the full plain English breakdown with the chart.
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