What Happens in Indices Trading after Head and Shoulders Indices Chart Pattern?

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

The Head and Shoulders stock indices chart pattern is a pattern with three consecutive peaks where the second peak is slightly higher than the first and third peak which signals the upward indices trend is losing momentum and if the stock indices price of the indices trading instrument falls below the support level which is the two lows between the three peaks then the Head and Shoulders stock indices chart pattern is considered confirmed and the stock indices price of the indices trading instrument changes to a bearish trend.