was formed on 21.03 at 16:25:11 (UTC+0)
signal strength 1 of 5
signal strength 1 of 5
According to the chart of M5, #FB formed the Inverse Head and Shoulder pattern. The Head’s top is set at 590.72 while the median line of the Neck is found at 580.77/585.68. The formation of the Inverse Head and Shoulder pattern evidently signals a reversal of the downward trend. In other words, in case the scenario comes true, the price of #FB will go towards 590.87
The M5 and M15 time frames may have more false entry points.
Figure
Instrument
Timeframe
Trend
Signal Strength
