TP
← Technical Analysis

Head & Shoulders

Central peak higher than two side peaks. Classic bearish reversal.

Bearish reversal Difficulty: ●●●○○ Reliability: 7/10

Three peaks: left shoulder, head, right shoulder. Draw neckline under the two lows.

Down target = vertical distance head → neckline, projected down from neckline.

Inverse H&S = bullish reversal at trend bottom.

When to look

At top of extended uptrend.

Confirmation

Neckline break with volume. Possible retest before the drop.

Also called: ETE, head and shoulders, H&S