POLLEN+CRYPTO+BOOK

INVERSE
HEAD AND
SHOULDERS
Another trend reversal chart is the head and shoulders
reverse, also known as the lower head and shoulders stock
chart pattern. This technical analysis indicator is similar to
the standard head and shoulders pattern, but reversed.
The inverted head and shoulders pattern indicates
movement towards an uptrend and a great indicator for
traders who know how to spot the pattern, allowing them
to deploy engagement capital on a bullish trade. Very
similar in appearance to that of a "triple bottom", with the
only exception that the "head" dives lower than the other
two points, which gives it the inverted head a shoulder
formation.