EUR/USD Inverse head & shoulders 15 min
Gold line = the pattern's swing points; gold box = the confirmation candle; coloured lines = target and invalidation; blue = confirmation price.
Inverse head & shoulders: Invalidated
What this tells you
Three lows with the middle one deepest; a break above the neckline often signals the end of a decline.
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Swing points
| Point | Time UTC+8 | Price |
|---|---|---|
| Left shoulder | Oct 22, 16:00 | 1.12265 |
| Neckline | Oct 22, 16:15 | 1.12439 |
| Head | Oct 22, 22:15 | 1.11884 |
| Neckline | Oct 23, 01:15 | 1.12314 |
| Right shoulder | Oct 23, 05:00 | 1.12114 |
| Confirmation | Oct 23, 08:15 | 1.12239 |
Recently closed Inverse head & shoulders patterns: 4 in total, 2 reached the target first (50%), 2 were invalidated and 0 expired (small sample). Results by pattern →
Chart patterns are technical reference points, not trade recommendations. Past results do not guarantee future outcomes; trading involves risk.
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