Inverted head and shoulder

Inverted Head & Shoulders is a bullish reversal pattern that generally forms after a downtrend, consisting of a left shoulder, a lower head, and a right shoulder. The pattern is confirmed when price breaks and closes above the neckline, ideally with strong volume, indicating a possible trend reversal. Traders often use the neckline breakout as an entry signal, with the pattern’s height providing an approximate upside target.