The inverted head and shoulders pattern is exactly the opposite of the traditional head and shoulders, as it signals that the action will make a high movement. Often, at the end of a downward trend, the inverted head and shoulders is considered a reversal pattern, since the action usually rises after the formation of this pattern.
The projected price movement is made based on the height of the graphic pattern, which is the distance between the price of the top of the head and the neck line.
06.2020
# TRX
#TRXBTC
#TRON
The projected price movement is made based on the height of the graphic pattern, which is the distance between the price of the top of the head and the neck line.
06.2020
# TRX
#TRXBTC
#TRON