{"id":177,"date":"2023-08-11T18:51:44","date_gmt":"2023-08-11T18:51:44","guid":{"rendered":"https:\/\/finance.canvaaslabs.com\/?p=177"},"modified":"2023-08-11T18:53:53","modified_gmt":"2023-08-11T18:53:53","slug":"head-and-shoulders-inverse","status":"publish","type":"post","link":"https:\/\/finance.aipropixel.com\/index.php\/2023\/08\/11\/head-and-shoulders-inverse\/","title":{"rendered":"Head and shoulders &#8211; Inverse"},"content":{"rendered":"<p><span style=\"color: #000000;\">An inverse head and shoulder (a.k.a head and shoulder bottom) chart pattern is used in bullish technical analysis of any chart in stock market.<\/span><\/p>\n<p><span style=\"color: #000000;\"><strong>Identification:<\/strong> It begins with the formation of a left trough, a middle trough (lower than the other two) and a right trough (same approximate depth as that of the left trough). All these three have on a common peak line known as neckline.<\/span><\/p>\n<p><span style=\"color: #000000;\"><strong>Occurrence:<\/strong> The head and shoulders pattern forms when a stock&#8217;s price falls to create a left trough (due to a decline in volume) and then moves up to the neckline of the prior up-move (defining a neckline). Then from the neckline, the price falls below the left trough (left shoulder) to form the &#8220;head&#8221; and then ascends back to the neckline again. Finally, the stock price falls again at approximately the level of the left shoulder of the formation before going for a break through (defining the beginning of an uptrend). This whole chart pattern defines the creation of an inverse head and shoulder chart pattern.<\/span><\/p>\n<p><span style=\"color: #000000;\"><strong>Study:<\/strong> The head and shoulders pattern is considered as one of the most reliable trend reversal patterns. This inverse head and shoulder pattern suggests that a downward trend is nearing its end i.e a bullish trend is beginning.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>An inverse head and shoulder (a.k.a head and shoulder bottom) chart pattern is used in&#8230;<\/p>\n","protected":false},"author":1,"featured_media":179,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15],"tags":[],"class_list":["post-177","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-chart-analysis"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/finance.aipropixel.com\/index.php\/wp-json\/wp\/v2\/posts\/177","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/finance.aipropixel.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/finance.aipropixel.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/finance.aipropixel.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/finance.aipropixel.com\/index.php\/wp-json\/wp\/v2\/comments?post=177"}],"version-history":[{"count":0,"href":"https:\/\/finance.aipropixel.com\/index.php\/wp-json\/wp\/v2\/posts\/177\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/finance.aipropixel.com\/index.php\/wp-json\/wp\/v2\/media\/179"}],"wp:attachment":[{"href":"https:\/\/finance.aipropixel.com\/index.php\/wp-json\/wp\/v2\/media?parent=177"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/finance.aipropixel.com\/index.php\/wp-json\/wp\/v2\/categories?post=177"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/finance.aipropixel.com\/index.php\/wp-json\/wp\/v2\/tags?post=177"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}