Inverse Head and Shoulders - Signalling Trend Reversal

This week we can see a nice inverse head and shoulders formation, signaling a reversal, and again reinforcing that the bears are running out of steam at these support levels. We're encountering some resistance at fib line 0.382, but it looks like we're out of the woods with that short bearish Parabolic trend. 1 week since my last $BTC post detailing the potential buy region, seems like I caught the knife successfully!