How to Interpret Head and Shoulders Chart Pattern Technical Analysis

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

The Head & Shoulders stock indices chart pattern is a pattern with 3 consecutive highs where the second high is slightly higher than the first and third high which signals the upwards 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 instrument changes to a bearish trend.

How to Analyze Head and Shoulders Pattern Technical Analysis?