#patternconfirm
patternconfirm
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#Headandshoulder
#patternconfirm
bullish pattern confirm
This pattern is known as an inverse head and shoulders pattern. It's a bullish reversal pattern that signifies a potential shift from a downtrend to an uptrend.
The pattern consists of three troughs, with the middle trough (the head) being the deepest, and the two outer troughs (the shoulders) being shallower and roughly equal in depth.
#Headandshoulder
#patternconfirm
bullish pattern confirm
This pattern is known as an inverse head and shoulders pattern. It's a bullish reversal pattern that signifies a potential shift from a downtrend to an uptrend.
The pattern consists of three troughs, with the middle trough (the head) being the deepest, and the two outer troughs (the shoulders) being shallower and roughly equal in depth.
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