#LUNC✅ What is the Inverted Head and Shoulders (IH&S)
It is a reversal pattern from bearish to bullish.
In other words: it appears after a downtrend and signals that the price may start to rise.
🧠 Structure of the pattern
Left Shoulder (O1):
The price falls, then makes a small rebound.
Head (C):
The price falls again and makes a lower low (the lowest part of the pattern).
Right Shoulder (O2):
The price falls again, but without making a new low (indicating weakening of selling pressure).
Neckline:
Line that connects the peaks between the shoulders and the head.
When the price breaks this line upwards, it confirms the bullish reversal signal.
🚀 How to trade the IH&S
Entry:
At the breakout of the neckline, with good volume.
Target (Take Profit):
Measure the distance between the head and the neckline, and project this distance upwards, starting from the breakout point.
Stop Loss:
Just below the right shoulder or the neckline, depending on the aggressiveness of the strategy.
💡 Important confirmations
✔️ Monitor the volume — it should increase at the breakout of the neckline.
✔️ Observe if the price makes a pullback (return to test the neckline as support).
✔️ Works best on 4H, daily, or weekly charts.