was formed on 29.01 at 21:45:28 (UTC+0)
signal strength 1 of 5
signal strength 1 of 5
According to the chart of M5, #MA produced the pattern termed the Inverse Head and Shoulder. The Head is fixed at 312.20 while the median line of the Neck is set at 317.83/317.49. 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 #MA will go towards 317.64.
The M5 and M15 time frames may have more false entry points.
Figure
Instrument
Timeframe
Trend
Signal Strength
