The bullish head-and-shoulder pattern is a technical figure that forms on a price chart and suggests a possible trend change from bearish to bullish. It consists of three peaks: the first (left shoulder), the second highest (head) and the third (right shoulder), which is similar to the first. This pattern indicates that after a falling phase, the price might start to rise once the neckline, which connects the lows between the left and right shoulder, is broken. The pattern is confirmed by an increase in volume upon breaking the neckline.