Definition
It is the upside-down version of the head and shoulders. A break above the neckline, ideally on rising volume, completes the pattern and suggests a possible shift from a downtrend.
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Three troughs with the middle one lowest, a classic bottoming pattern.
It is the upside-down version of the head and shoulders. A break above the neckline, ideally on rising volume, completes the pattern and suggests a possible shift from a downtrend.
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