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Wednesday, May 20, 2020 1:42:31 PM
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.
DiscoverGold
Information posted to this board is not meant to suggest any specific action, but to point out the technical signs that can help our readers make their own specific decisions. Caveat emptor!
• DiscoverGold
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