Structure of a Head and Shoulders Pattern

27/05/2025 2 min
Structure of a Head and Shoulders Pattern

Listen "Structure of a Head and Shoulders Pattern"

Episode Synopsis

The head and shoulders pattern has three peaks: a higher middle peak (head) between two lower peaks (shoulders). A neckline connects the lows between the peaks. When price breaks below the neckline after forming the right shoulder, it signals a potential bearish trend reversal.:-https://navia.co.in/blog/understanding-head-and-shoulders-chart-pattern/