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


