đ Day 1 of 30 Days, 60 Patterns Challenge!
đ Pattern: Inverted Head and Shoulders
Seen after a downtrend, this bullish reversal pattern suggests a potential trend change.
đ Key Levels:
âą Support: At head bottom
âą Resistance: At neckline
âą Entry: On breakout above neckline
âą Stop Loss: Below right shoulder
âą Target: Distance from head to neckline added to breakout point
â Powerful pattern for spotting reversals!
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