
0:14
A head-and-shoulders pattern has three peaks: two lower shoulders on either side of a taller head. When price breaks below the neckline connecting the shoulders, it signals the trend is reversing from bullish to bearish.

A head-and-shoulders pattern has three peaks: two lower shoulders on either side of a taller head. When price breaks below the neckline connecting the shoulders, it signals the trend is reversing from bullish to bearish.
Bearish Head and Shoulders. This pattern signifies a trend reversal from bullish to bearish. It consists of 3 peaks, with the middle peak (aka the head) being the highest, and is followed by a decline in price below the support level.

The BlueSky Setup: The Strategy That Has Made Me Over Half A Million (INSANE VALUE)