What Happens after Head and Shoulders Chart Pattern?
A Head & Shoulders pattern is a bearish trend reversal trading signal which trading signals the current upward forex market trend is about to reverse once the Head and Shoulders chart pattern is confirmed.
The Head & Shoulders 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 trend is losing momentum & if price of the currency pair falls below the support zone which is the two lows between the three peaks then the Head and Shoulders pattern is considered confirmed and the price of the currency pair changes to a bearish trend.


