Inverse Head and Shoulders Pattern
Enphase Energy Inc. (ENPH), Temporality 5D.
Following a downtrend; on Oct 24 an inverse head and shoulders pattern is shown in the chart. despite the first shoulder has the same height as the head, a breaking of the neckline occurs, reversing the trend to an up trend. A rise of volume at the moment of the breaking, confirms the pattern.
Following a downtrend; on Oct 24 an inverse head and shoulders pattern is shown in the chart. despite the first shoulder has the same height as the head, a breaking of the neckline occurs, reversing the trend to an up trend. A rise of volume at the moment of the breaking, confirms the pattern.
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