How Do You Read Head and Shoulders Chart Pattern?

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

The Head and 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 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 & price of the forex instrument changes to a bearish trend.

How Do I Read Head and Shoulders Chart Pattern?