Inverted Head and Shoulders Pattern

Looking at lower times frames, like the 4H, 1H, or 30 Minute charts, look for buy signal to enter market. As with head and shoulder patterns, looking at a profit range equal to distance between head to neckline.

Kommentar:

Price has broken through resistance level set at 1.72998 and is showing strong momentum. TP set at 1.76279 level.