Inverse Head & Shoulders
On the chart, we can see an inverted head and shoulders. An inverse head and shoulders pattern is a bullish chart pattern that forms after a downtrend. The pattern is completed when the price breaks above the neckline, which is a trendline that connects the high points of the two shoulders.
- Trend = Downward
- Divergence = Yes | Divergence found
- Pattern = Inverse Head & Shoulders
- Breakout/Confirmation = Waiting for it
Account Size: 10300
Risk Percentage: 1 + 1 = Total 2 Percentage
Amount at Risk: 103 USD
Sizing: 0.0897 Lots
Amount at Risk: 103 USD
Sizing: 0.0897 Lots
Total Amount at Risk: 206 USD
Total Lot Size: 0.17939
Entry Point: 131.8617
Stop Loss: 130.3567
Take Profit 1: 133.1120
Take Profit 2: 133.9000
- Trend = Downward
- Divergence = Yes | Divergence found
- Pattern = Inverse Head & Shoulders
- Breakout/Confirmation = Waiting for it
Account Size: 10300
Risk Percentage: 1 + 1 = Total 2 Percentage
Amount at Risk: 103 USD
Sizing: 0.0897 Lots
Amount at Risk: 103 USD
Sizing: 0.0897 Lots
Total Amount at Risk: 206 USD
Total Lot Size: 0.17939
Entry Point: 131.8617
Stop Loss: 130.3567
Take Profit 1: 133.1120
Take Profit 2: 133.9000
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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.
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.