$NXPC has just formed a textbook Inverse Head & Shoulders pattern on the 4H chart — a classic and highly reliable bullish reversal signal. This pattern signals a potential trend reversal where sellers are losing steam and buyers are quietly taking control.
What does this mean? It typically precedes a strong breakout to the upside — and with price now testing the neckline resistance around $2.09, a clean breakout here could ignite serious bullish momentum.
Here’s why this setup is too good to ignore: ✅ The left shoulder, head, and right shoulder are perfectly structured ✅ Price is now compressing within a tightening range, signaling an imminent move ✅ RSI at 54.83 suggests room for upside without overbought pressure ✅ Volume looks ready to spike on a breakout
My Take: This is a high-probability bullish setup you don’t want to miss. The market structure is clean, the pattern is visible to every smart trader watching this chart — and when this neckline gives way, expect sharp upside movement.
Load your watchlist, set your alerts — this one’s about to move!
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