IWM Head & Shoulders Pattern, The Russell 2000 ETF (IWM) is currently displaying a Head & Shoulders pattern, a classic technical analysis formation often considered a reliable predictor of future price movements. In this pattern, the "head" represents a peak that is higher than two other peaks, known as the "shoulders." Generally, the pattern signifies a potential reversal in the prevailing trend—indicating a bearish reversal after an uptrend or a bullish reversal following a downtrend. Traders and investors often watch for the neckline, a support or resistance line connecting the lows of the pattern, to be broken as confirmation that the pattern is complete and that the anticipated trend reversal is likely to occur.
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。