Get started
nicotj

Inverse head and shoulder pattern

Long
Euro / U.S. Dollar (FX:EURUSD)  
nicotj  
FX:EURUSD   Euro / U.S. Dollar
Trend Analysis Chart Patterns EURUSD forexeducation forexanalysis
3
0
trendanalysis chartpattern eurusd forexeducation forexanalysis
Inverse Head and Shoulders
The name speaks for itself. It is basically a head and shoulders formation, except this time it’s upside down. 🙃

A valley is formed (shoulder), followed by an even lower valley (head), and then another higher valley (shoulder).
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.