was formed on 02.05 at 15:45:05 (UTC+0)
signal strength 2 of 5
signal strength 2 of 5
According to the chart of M15, #EBAY formed the Head and Shoulders pattern. The Head’s top is set at 46.65 while the median line of the Neck is found at 44.98/45.40. The formation of the Head and Shoulders pattern evidently signals a reversal of the upward trend. In other words, in case the scenario comes true, the price of #EBAY will go towards 45.17.
The M5 and M15 time frames may have more false entry points.
Figure
Instrument
Timeframe
Trend
Signal Strength
