Actual patterns

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Inverse Head and Shoulder

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was formed on 25.07 at 17:59:57 (UTC+0)
signal strength 1 of 5

According to the chart of M5, #AMZN produced the pattern termed the Inverse Head and Shoulder. The Head is fixed at 176.80 while the median line of the Neck is set at 183.19/182.28. The formation of the Inverse Head and Shoulder Pattern clearly indicates a reversal of the downward trend. In means that in case the scenario comes true, the price of #AMZN will go towards 182.43.

The M5 and M15 time frames may have more false entry points.

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Inverse Head and Shoulder