KEY TAKEAWAYS An inverse head and shoulders is similar to the standard head and shoulders pattern, but inverted: with the head and shoulders top used to predict reversals in downtrends An inverse head and shoulders pattern, upon completion, signals a bull market Investors typically enter into a long position when the price rises above the resistance of the neckline.
Brother pattern is inv h n s for sure but it should be formed after a downfall. Its a reversal pattern and not the continuation pattern. Here its formed after a rally so I would not recognize that as inv h n s even thought structure is correct Please don't mind
agentroy999
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sir why are you not posting these days? your analysis helped me so much.
pattern is inv h n s for sure but it should be formed after a downfall. Its a reversal pattern and not the continuation pattern. Here its formed after a rally so I would not recognize that as inv h n s even thought structure is correct
Please don't mind