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Inverted Scallop

The Inverted Scallop has a curved upward shape (inverted compared to regular scallop), signaling reversal.

Arch topInverted archInverted Scallop: Arch facing down → Decline

Pattern Details

Category

reversal

Success Rate

65%

Average Move

+10%

Duration

2-4 weeks

Pattern Structure

Pattern Structure
Key components that define this chart pattern
  • 1
    Starting point low
  • 2
    Middle portion curves upward
  • 3
    Ending point lower than or equal to starting point

Trading Rules

Trading Rules
Essential rules for trading this pattern successfully
  • ✓
    Enter position in breakout direction
  • ✓
    Can reverse in both directions
  • ✓
    Target = Height of the pattern
  • ✓
    Stop loss on opposite side of pattern
Trading Tips
  • Less common
  • Average success probability
  • Combine with other indicators

Statistics

Breakout Statistics
Bullish Breakout48%
Bearish Breakout52%
Performance Metrics
Average Rise+10%
Average Decline-10%
Pullback Rate18%