Lessons › Chart patterns › Inverse head and shoulders
World 3 · Chart patterns · lesson 10 · level 3
Inverse head and shoulders
Three dips with the middle one lowest show sellers running out of power, and breaking the neckline confirms the bottom.
What it is
Three lows with the middle one deepest, then a break above the neckline.
Your task in the app
Find the head and shoulders. Buy, sell, or wait?
How often it worked
| Market | Times found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| India (NSE) | 31 | 29% | 61% | 10% |
| United States | 40 | 30% | 65% | 5% |
| Japan | 15 | 53% | 40% | 7% |
| Crypto | 356 | 39% | 53% | 8% |
| Forex | 18 | 50% | 44% | 6% |
| Commodities | 9 | 78% | 22% | 0% |
Counted on real past charts by the Trading Class research engine, 469 cases in all. Past odds, not a forecast.
Read more on the Inverse head and shoulders pattern page.
Goal of this lesson: Identify an inverse head and shoulders bottom and its confirming breakout.