$BTC

What is the head and shoulders pattern?
The head and shoulders pattern is fundamentally a trend reversal pattern

As shown in the figure above:
In an uptrend: prices form higher highs and higher lows, but after a certain range, it begins to oscillate and reverse direction
Here are a few concepts:
Left shoulder
Right shoulder

Neckline🧵, often the best basis for our actions; a significant drop in volume and breaking below the neckline is our basic signal for action📶
Next, let's look at real cases

Through the above figure, we can clearly have a preliminary understanding of the head and shoulders pattern. You can look for head and shoulders patterns in the market; learning must be applied and validated to become truly ours!