was formed on 25.07 at 08:48:25 (UTC+0)
signal strength 1 of 5
signal strength 1 of 5
According to the chart of M5, #PEP produced the pattern termed the Inverse Head and Shoulder. The Head is fixed at 143.96 while the median line of the Neck is set at 144.53/144.50. 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 #PEP will go towards 144.65.
The M5 and M15 time frames may have more false entry points.
Figure
Instrument
Timeframe
Trend
Signal Strength
