Details :-
Pattern :- Inverted Head & Shoulders
Time Frame :- Weekly
Pattern Type :- Continuation + Reversal
Moving Average :- 200 SMA & 200 EMA on weekly and daily
#PVTL
Pattern :- Inverted Head & Shoulders
Time Frame :- Weekly
Pattern Type :- Continuation + Reversal
Moving Average :- 200 SMA & 200 EMA on weekly and daily
#PVTL
If you get a big wick or a doji type indecision candle as breakout candle than wait for a weekly close above wick high. Check BEL chart for better understanding.