Actual patterns

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Actual patterns

Head and Shoulders

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was formed on 23.09 at 15:30:14 (UTC+0)
signal strength 2 of 5

The Head and Shoulders pattern has formed on the #AMZN M15 chart. The head high is at 259.42, while the neckline passes through 252.70/253.76. The pattern may reverse the current uptrend. A break below the lower neckline anchor may confirm the bearish reversal.

The M5 and M15 time frames may generate more false entry signals.

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Signal Strength

Head and Shoulders