There is a fair bit of discussion around re the evolvement of "reverse" patterns that are being newly found on many charts. We have reverse H&S and reverse C&H etc. which amongst others are becoming widely touted.
As you say though - look at the forces that define any pattern and as is now fairly widely accepted a reverse Head and Shoulder pattern is only valid after a downward trend - in fact it is the reverse of a normal Head and Shoulder pattern which occurs after an upward trend, which should come as no surprise.
The only valid reverse H&S on the LTR chart was back in 2020 - there have been none since and certainly will never be any after an uptrend. No matter what the pattern looks like or appears to look like.
LTR Price at posting:
$1.62 Sentiment: None Disclosure: Not Held
(20min delay)