How Do I Analyze Head and Shoulders Chart Pattern Technical Analysis?
A Head & Shoulders pattern is a bearish trend reversal trading signal which trading signals the current upward forex price trend is about to reverse once the Head & Shoulders chart pattern is confirmed.
The Head & Shoulders pattern is a pattern with three consecutive highs where second high is slightly higher than the first and third high which signals upwards trend is losing momentum & if forex price of the forex pair falls below support level which is two lows between the three highs then the Head & Shoulders chart pattern is considered completed & forex price of the forex pair changes to a bearish trend.

How Do I Interpret Head and Shoulders Pattern Technical Analysis?


