Crown Castle (CCI)

[DiscoverGold]

We May be Working on an Inverse H&S Pattern
By: DiscoverGold | May 20, 2020



- The longer the movement before the formation of an inverse head and shoulders (H&Si) pattern, the stronger the bullish movement at the break of the neck line will be.
- The more abrupt the movement prior to the formation of an inverse head and shoulders (H&Si) pattern, the stronger the bullish movement at the break of the neck line will be.
- Inverse head and shoulder patterns with a downward neck line offer better performance.
- If the left shoulder is higher than the right shoulder, the inverse head and shoulder pattern offers better performance.
- After exiting the inverse head and shoulders pattern, pullbacks in support on the neck line are detrimental to performance.

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