It is possible to see the slope of a neckline be drawn at a slight angle rather than horizontal like the one shown in the image above. However, regardless of its slope, a move below the neckline of a regular head and shoulders pattern is always used as a signal of a move lower.
In the case of an inverse head and shoulders, the neckline is found as a level of resistance that has prevented the price from heading higher. A move beyond the neckline in this case would be used to signal the start of an uptrend.
Investment dictionary. Academic. 2012.
Look at other dictionaries:
neckline — (n.) also neck line, of a garment, 1900, from NECK (Cf. neck) (n.) + LINE (Cf. line) (n.) … Etymology dictionary
neckline — ► NOUN ▪ the edge of a woman s garment at or below the neck … English terms dictionary
neckline — [nek′līn΄] n. the line formed by the edge of a garment around or nearest the neck … English World dictionary
Neckline — The neckline is the top edge of a garment that surrounds the neck, especially from the front view. Neckline also refers to the overall line between all the layers of clothing and the neck and shoulders of a person, ignoring the unseen… … Wikipedia
neckline — neck|line [ˈnek laın] n [C usually singular] the shape made by the upper edge of a piece of woman s clothing around or below the neck ▪ a square neckline low/plunging neckline (=leaving part of the chest uncovered) ▪ Her evening gown had a… … Dictionary of contemporary English
neckline — [[t]ne̱klaɪn[/t]] necklines N COUNT: oft supp N The neckline of a dress, blouse, or other piece of clothing is the edge that goes around your neck, especially the front part of it. ...a short brown dress with a plunging neckline. ...a dress with… … English dictionary
neckline — noun (countable usually singular) the shape made by the upper edge of a piece of woman s clothing around or below the neck: a flattering scoop neckline | low/plunging neckline (=leaving part of the chest uncovered): Her evening gown had a… … Longman dictionary of contemporary English
neckline — UK [ˈnekˌlaɪn] / US noun [countable] Word forms neckline : singular neckline plural necklines the shape of a piece of clothing around your neck a low/round neckline … English dictionary
neckline — /nek luyn /, n. the opening at the neck of a garment, esp. of a woman s garment, with reference to its shape or its position on the body: a V neckline; a high neckline. [1900 05; NECK + LINE1] * * * … Universalium
neckline — n. a high; low, plunging; sweetheart neckline * * * [ neklaɪn] low plunging sweetheart neckline a high … Combinatory dictionary