What Happens in Stocks after Head and Shoulders Chart Pattern in Stocks?
A Head and Shoulders pattern is a bearish stocks trend reversal signal that signals the current upwards stocks market stocks trend is about to reverse once the Head and Shoulders stocks trading pattern is confirmed.
The Head and 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 stocks price of the stocks instrument falls below the support zone which is the two lows between the three peaks then the Head and Shoulders chart pattern is considered confirmed & the stocks price of the stocks instrument changes to a bearish trend.


