Inverse Head & Shoulder Pattern Tutorial -
Invesre Head & Shoulders pattern is similar to Head & Shoulders pattern but reversed. The inverse Head & Shoulders is observable in a downtrend and indicates a reversal of a downtrend.
The formation of a Inverse Head & Shoulders pattern resembles a baseline or neckline with three bottom where the middle bottom is the lowest price between between the two left and risght bottom.
Both the H&S and Inverse H&S patterns are most accurate price action pattern.
Also Checkout previous post about Head & Shoulders pattern for better understanding (tradingview.com/chart/SPX/OUeR1pVC-Head-and-Shoulders-the-accurate-price-action-pattern/)
Stay Tuned, 👍;
Invesre Head & Shoulders pattern is similar to Head & Shoulders pattern but reversed. The inverse Head & Shoulders is observable in a downtrend and indicates a reversal of a downtrend.
The formation of a Inverse Head & Shoulders pattern resembles a baseline or neckline with three bottom where the middle bottom is the lowest price between between the two left and risght bottom.
Both the H&S and Inverse H&S patterns are most accurate price action pattern.
Also Checkout previous post about Head & Shoulders pattern for better understanding (tradingview.com/chart/SPX/OUeR1pVC-Head-and-Shoulders-the-accurate-price-action-pattern/)
Stay Tuned, 👍;
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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.
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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.