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Head and shoulders
(redirected from Head and Shoulders Pattern)

   Also found in: Financial, Wikipedia 0.03 sec.
By force; violently; as, to drag one, head and shoulders.
By the height of the head and shoulders; hence, by a great degree or space; by far; much; as, he is head and shoulders above them.
- Felton.

See also: Head Head



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gif" alt="" /> An inverse Head and Shoulders pattern is a <strong>bullish reversal pattern</strong>&nbsp;and for the pattern to be reliable, it should occur in a downtrend.
On the hourly chart, an inverse head and shoulders pattern is visible.
The head and shoulders pattern is confirmed when the price falls below an up-trending neck line or after the right shoulder in case of a down-trending neck line.
 
 
 
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