#Reliance ! #Inverted Head & Shoulder #Reliance forming #Inverse Head & Shoulder pattern open for targets of 2600+
Dear Readers,
How to identify Inverse Head and Shoulders
An inverse head and shoulders pattern is comprised of three component parts:
After long bearish trends, the price falls to a trough and subsequently rises to form a peak.
The price falls again to form a second trough substantially below the initial low and rises yet again.
The price falls for a third time, but only to the level of the first trough, before rising once more and reversing the trend.
