Hi.. @blessingkasabe, Thank you for participating in the 2nd Week steemit crypto academy course in its 5th season. You have completed the task and according to your work your rating is given in the table below:
| criteria | rating |
|---|---|
| QUESTION 1 | 1.5/1.5 |
| QUESTION 2 | 1.5/1.5 |
| QUESTION 3 | 1.5/1.5 |
| QUESTION 4 | 2/2 |
| PRESENTATION | 1/1 |
| #club5050 | 1/1 |
| ORIGINALITY | 1.0/1.5 |
| Total | 9.5/10 |
Review:
The head and shoulder pattern comprised three main components and they include; the right shoulder, the left shoulder, and the head. The head and shoulder pattern is also termed as bullish-bearish trend reversal because of how it is being formed.
GOOD!! You are absolutely right that this pattern is a clear indication of a trend reversal in the market.
Very good!! nicely explained..volume plays a major role while learning patterns. it will tell us buyers' and sellers' mindsets.
Your explanation of the psychology of these patterns in the market is absolutely correct. The examples you choose are very good and make your article valuable.
Both demo trade and Real trade are correct. You perform very well in real trade. Simple focus of those patterns which are less distorted.
Final word:
EXCELLENT !!!
Your homework task is correct and all the answers are complete. Thank you for taking part in the week 2 steemitcryptoacademy. We look forward to reading your next work.
Sincerely, @utsavsaxena11
Thank you professor for your kind review. I wish you convenience in your work.
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