Is Reverse Head & Shoulders Chart Pattern Bullish or Bearish?

Reverse Head & Shoulders Chart Pattern

Reverse Head & Shoulders Chart Pattern is a Bullish Chart Pattern - Reverse Head & Shoulders Pattern is a Bullish Gold Trade Signal Setup

Summary:

• Inverse Head & Shoulders Pattern forms after an extended move downward
• Inverse Head & Shoulders Pattern indicates that there will be a reversal in market
• Inverse Head & Shoulders Setup formation resembles upside down, thus its name Inverse Head & Shoulders Chart Pattern.
• We buy when price breaks-out above neck line: as described on the example shown and explained below.

What Does Inverse Head & Shoulders Chart Pattern Mean? - What Happens to Gold Price Action After a Reverse Head & Shoulders Pattern?

Examples of Inverse Head & Shoulders Pattern on a Chart

Technical Analysis of Reverse Head & Shoulders Chart Pattern