Learn Technical Analysis: The Inverted Head and Shoulders Pattern
• The inverted head and shoulders pattern is a popular reversal pattern, indicating a change in trend direction from bearish to bullish.
• The pattern has a success rate of 52% to 63%, making it a powerful tool for traders.
• Formation:
• A prominent main bottom (the head).
• Two shallower sideways bottoms (the shoulders).
• Trading Volume:
• A significant increase in trading volume is typically observed upon the break of the neckline (resistance zone), confirming the validity of the pattern and enhancing the upside potential.
✏️ Reminder: Confirmation of the pattern requires a break of the neckline with high trading volume.#TechnicalAnalysis#LearnTrading#HeadAndShoulders#CryptoTrading#ReversalModel#TradingStrategy #العملات_الرقمية_الإسلامية