a.k.a. H&S

predicts a bullish-to-bearish trend reversal

pattern appears as a baseline with three peaks, where the outside two are close in height, and the middle is highest

The head and shoulders pattern forms when a stock's price rises to a peak and then declines back to the base of the prior up-move. Then, the price rises above the previous peak to form the “head” and then declines back to the original base. Finally, the stock price peaks again at about the level of the first peak of the formation before falling back down.

considered one of the most reliable trend reversal patterns. It is one of several top patterns that signal, with varying degrees of accuracy, that an upward trend is nearing its end.

An inverse head and shoulders pattern predicts a bearish-to-bullish trend.

The neckline rests at the support or resistance lines, depending on the pattern direction.

Further, copper has formed an inverted head and shoulders (H&S) pattern, which is usually a bullish sign.

Unterdessen zeichnet sich im noch laufenden Abwärtstrend und im Bereich der markanten Horizontalunterstützung von 78,68 US-Dollar doch noch eine Trendwende ab, die in Gestalt einer inversen SKS-Formation daherkommt und deren Nackenlinie bei 82,50 US-Dollar zu verlaufen scheint. Eine Aktivierung dieser Formation könnte demnach in der übergeordneten Seitwärtsspanne einen kleinen Aufwärtstrend etablieren.