The "head and shoulders" pattern is a technical analysis chart formation used in trading to predict price reversals. It consists of three peaks: the left shoulder, the head, and the right shoulder. The left shoulder is formed when the price rises and then falls, the head is the highest peak, and the right shoulder mirrors the left. This pattern typically indicates a shift from a bullish to a bearish trend. Traders often look for this pattern in various financial markets, including stocks, commodities, and cryptocurrencies. The completion of the pattern is confirmed when the price breaks below the neckline, which is drawn across the lowest points of the two shoulders. This signal can help traders make informed decisions about buying or selling assets.