Skip to main content
MarketSurfer

What is Head and Shoulders?

Charts

헤드앤숄더

A pattern of three peaks in which the middle peak is the highest and the two on either side are lower. It pictures price beginning to fail to make new highs. The checkpoint is whether the line connecting the lows, called the neckline, breaks; if it does not break, the pattern is not complete.

Head and Shouldersthe middle is highestshouldershoulderneckline

Related terms

← All glossary terms

Head and Shoulders meaning — Trading glossary | MarketSurfer