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Inverted head and shoulders Bullish inverted head and shoul | Coach

Inverted head and shoulders

Bullish inverted head and shoulders is a trend reversal pattern.

It will mark a desire to make a bullish reversal.

The theory is the same as a triple bottom other than the second bottom will be lower than the others, which are technically at the same height.

The reverse head and shoulders pattern will be formed by three bottoms that will succeed.

In the case of a Bullish inverted head and shoulders chart pattern, the stop loss should be placed at the previous low of the pattern.

The limitation for the target will be the previous resistance level which was formed before by the price action.

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