What Happens after a Reverse Head and Shoulders Chart Pattern?
A Reverse Head & Shoulders pattern is a bullish trend reversal trading signal which trading signals the current downwards forex market trend is about to reverse once the Reverse Head and Shoulders chart pattern is confirmed.
The Reverse Head & Shoulders chart pattern is a pattern with three consecutive lows where second low is slightly lower than the first and third low which signals the downward forex trend is losing momentum & if price of the currency pair rises above the resistance area which is the two highs between the three lows then the Reverse Head & Shoulders chart pattern is considered completed & the price of the currency pair changes to a bullish trend.


