was formed on 01.08 at 21:45:31 (UTC+0)
signal strength 2 of 5
signal strength 2 of 5
According to the chart of M15, #PEP produced the pattern termed the Inverse Head and Shoulder. The Head is fixed at 137.78 while the median line of the Neck is set at 140.14/139.76. 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 139.99.
The M5 and M15 time frames may have more false entry points.
Figure
Instrument
Timeframe
Trend
Signal Strength
