Search for the definition you are looking for.
Head and shoulders
A three-peak pattern resembling the ‘head and shoulders’ outline of a person, which is used to chart stock and commodity price trends. The pattern indicates the reversal of a trend. As prices move down to the right shoulder, a head and shoulders top is formed, meaning prices should be falling. A reverse head and shoulders pattern has the head at the bottom of the chart, meaning prices should be rising.