Inverse head and shoulder is a bullish pattern . It formed when bears try three times to pull the price off but bulls act as so actively that price always go up. Trader act this pattern when there is a breakout of resistance from which bears got active.
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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.