👨🎓Quick lesson 📈👨🎓
The below chart shows an Inverse Head & Shoulders pattern. It’s a clue that the market might go up after being down.
Left Shoulder, Head, Right Shoulder: Three dips, with the middle one (the head) being the lowest.
Neckline: A resistance line where the price struggles to go higher.
Breakout: When the price finally breaks through that neckline, it’s a signal the market might start rising.
This pattern means: the downtrend might be ending, and it’s time to watch for upward moves. 💪📈
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