Mastering Technical Analysis: Spotting Bullish Inverse Head & Shoulder Pattern 📈🐂
Steps:
1️⃣ Analyze downtrend - lower highs, lower lows.
2️⃣ Identify left shoulder - minor upward movement.
3️⃣ Observe head - lower low, maximum bearish pressure.
4️⃣ Spot right shoulder - higher than the head, lower than the left shoulder.
5️⃣ Draw neckline - connect left & right shoulder highs.
6️⃣ Confirm breakout - price above neckline with volume.
Practice historical charts for proficiency.
Happy chart reading & trading! 📊💰
