#AITradingAffectsForex The head and shoulders pattern is a popular technical analysis indicator used to predict potential trend reversals in currency markets. It is formed when a currency pair's price movement creates a chart pattern that resembles a head and shoulders. The pattern consists of: 1. Left shoulder: A peak or high point in the price movement. 2. Head: A higher peak or high point than the left shoulder. 3. Right shoulder: A peak or high point that is lower than the head. The head and shoulders pattern is considered complete when the price breaks below the neckline, which is drawn between the low points of the left and right shoulders. This breakout is often seen as a sign of a potential trend reversal. AI can identify head and shoulders patterns by analyzing price movements and chart shapes. This allows traders to anticipate potential trend reversals and adjust their strategies accordingly. The head and shoulders pattern is a reliable indicator of trend reversals, and its identification can provide valuable insights for traders.