Double tops, triangles and head and shoulders

Head and shoulders

Lesson 4 of 4 · about 6 minutes

3 questions, each checked the moment you answer it.

5 steps · about 6 minutes

The interactive lesson walks these ideas one screen at a time and checks your answers as you go. The text below covers the same ground for reading.

A head and shoulders is three peaks, and the middle one is the highest

Compare the three peaks from left to right. The head is higher than the left shoulder. The right shoulder is lower than the head, so that rise does not reach a new high. The neckline is the line joining the two lows between the peaks.

This is a head and shoulders in real prices

Read it in three steps, in this order.