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Inverse Head and Shoulder
was formed on 28.04 at 21:45:21 (UTC+0)
signal strength 1 of 5

Inverse Head and Shoulder #KO M5

According to the chart of M5, #KO produced the pattern termed the Inverse Head and Shoulder. The Head is fixed at 71.31 while the median line of the Neck is set at 71.65/71.71. 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 #KO will go towards 71.86.

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

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