Forex glossary

Head and shoulders in Forex

A clear definition of Head and shoulders, with practical context for reading markets and making better trading decisions.

Level 3 · Make Sense of ChartsForex basics

Definition

A potential reversal structure with a higher central peak between two lower peaks. Its neckline break, not the outline alone, provides confirmation.

After an uptrend, a break below the neckline can show the structure has shifted lower.

Understanding Head and shoulders helps traders interpret market information, plan decisions, and manage risk with more context.

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