Glossary — N

Neckline

The support or resistance line connecting the troughs (in head and shoulders) or peaks (in inverse H&S). A break of the neckline confirms the pattern.

Bearish Head Shoulders Bullish Inverse Head Shoulders Bearish Hs Neckline Retest Bullish Ihs Neckline Retest

Neutral

A market bias that is neither bullish nor bearish, indicating indecision or balance between buyers and sellers. Neutral patterns can break in either direction.

Neutral Doji Neutral Spinning Top Neutral Symmetrical Triangle

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