Head & shoulders
Chart Patterns
The three-peak top
Shoulder, higher head, lower shoulder. Buyers made one last higher high and failed. Neckline break confirms; head-to-neckline height projects the fall. Inverse version = bottom.
Check yourself
The right shoulder's LOWER high tells you…
- Buyers grew stronger
- The buying power that made the head is gone correct
- Nothing yet
Failure to even retest the head = demand fading. The neckline break turns theory into trade.
Learn this properly
This term has a full interactive lesson in Wick — the chart, the pattern to tap, and a live practice terminal to try it on. Free to start.
Open the lesson