2, the neckline corresponds to the inverted shape, such as double head, double bottom, head and shoulder top, head and shoulder bottom and so on.
3, classic cases such as the top of the head and shoulders, connect the two shoulders into a straight line. When the price breaks through this neckline and stands firm, the reversal is established. When the price reaches this neckline again, this neckline is a very strong resistance line and can be shorted.
4, so shrinking back to the neckline position is a strong signal to do more.
As shown in the figure: