Analyze Head and Shoulders Chart Pattern

A Head & Shoulders stock indices pattern is a bearish indices trend reversal stock indices signal which signals the current upward indices market trend is about to reverse once the Head and Shoulders stock indices trading pattern is confirmed.

The Head & Shoulders stock indices chart pattern is a pattern with three consecutive highs where the second high is slightly higher than the first and third high which is interpreted that the upwards indices trend is losing momentum & if stock indices price of the indices pair falls below the support level which is the two lows between the 3 highs then the Head & Shoulders stock indices pattern is considered confirmed and the stock indices price of the indices pair changes to a bearish stock indices trend.

How to Analyze Head and Shoulders Chart Pattern?