Inverse Head and Shoulders pattern
Inverse Head and Shoulders pattern
The name speaks for itself. It is basically a head and shoulders formation, except this time it’s upside down. 🙃
A valley is formed (shoulder), followed by an even lower valley (head), and then another higher valley (shoulder).
The name speaks for itself. It is basically a head and shoulders formation, except this time it’s upside down. 🙃
A valley is formed (shoulder), followed by an even lower valley (head), and then another higher valley (shoulder).
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.