How to Read Head and Shoulders Chart Pattern

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

The Head and Shoulders stock indices chart pattern is a pattern with three consecutive highs where the second high is slightly higher than the first & third high which signals the upwards trend is losing momentum & if stock indices price of the indices pair falls below the support zone which is the 2 lows between the 3 highs then the Head and Shoulders stock indices pattern is considered confirmed and the stock indices price of the indices pair changes to a bearish trend.

How to Read Head and Shoulders Pattern?