Forex forum Forex news Forex forum
Forex tutorial Forex brokers Contact us
  Tuesday th 19th

Inverse head-and-shoulders

A bullish reversal pattern that consists of a series of three consecutive sell-offs. Among the three consecutive sell-offs, the shoulders have approximately the same amplitude, and the head is the lowest. The formation is based on a resistance line called the neckline. After the neckline is penetrated, the target is approximately equal in amplitude to the distance between the top of the head and the neckline.

Search by letter :


Forex news - Forex calendar - Forex forum - Forex tutorial - Forex glossary - Forex brokers - Forex books - Forex links