A sharp reversal where two long-tailed spikes sit side by side with a single bar between them. The lone middle bar makes it gentler than a pipe, but the crowd's memory of being rejected twice at the same level anchors the turn.
The horn is a reversal pattern catalogued by Thomas Bulkowski, shaped by two long spikes that sit side by side with a single bar between them.
Between the two protruding horns sits one quieter bar. That lone bar becomes the valley (or peak) between the horns, giving the whole thing the look of a bull's horns.
A horn bottom is a bullish reversal: two long lower tails flanking one bar in the middle. Price thrusts down deeply twice and is rejected both times, marking a low.
A horn top is the mirror, a bearish reversal: two long upper tails flanking one bar in the middle. Two upward thrusts are refused, marking a high.
It is known mainly as a sharp reversal seen on the weekly chart. On a larger timeframe than the daily, long tails reach the same level twice and get knocked back. Because one bar sits between them, the turn is a touch gentler than a pipe, where only two adjacent bars stand together, but the more closely the two spikes line up at the same level, the stronger the pattern works.
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