How do you trade a head and shoulders pattern?

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I learned about head and shoulders as a reversal pattern. What is the exact trading method?

#chart-analysis

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Wolf Alpha

Trader · 15 days ago

Wait for the neckline break with increased volume. Enter short on the retest of the neckline (now acting as resistance). SL above the right shoulder. Target = head-to-neckline distance projected down.

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Wolf Alpha

Trader · 15 days ago

Many traders jump in on the neckline break but the most reliable entry is the pullback retest. Patience to wait for confirmation separates successful pattern traders.

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How do you trade a head and shoulders pattern?

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