Head and Shoulders

bearish Fiabilité : ★★★★★

Three peaks with the middle one (head) higher than the other two (shoulders). Classic bearish reversal.

In detail

Among the most well-known patterns in technical analysis. The 'neckline' connects the valleys between shoulders. Break of neckline triggers the pattern. Price target measured: head height above neckline projected below.

🎯 How to trade

Short on neckline break. Stop above right shoulder. Target = head height projected below neckline.

#reversal #bearish #classic #high-reliability