FX.co ★ #EBAY M5: Inverse Head and Shoulder

According to the chart of M5, #EBAY produced the pattern termed the Inverse Head and Shoulder. The Head is fixed at 72.84 while the median line of the Neck is set at 74.68/74.38. 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 #EBAY will go towards 74.53.