logo

FX.co ★ #MSFT M5: Head and Shoulders

#MSFT M5: Head and Shoulders

Head and ShouldersThe #MSFT M5 formed the Head and Shoulders pattern with the following features: The Head’s top is at 462.86, the Neckline and the upward angle are at 450.41/452.11. The formation of this pattern can bring about changes in the current trend from bullish to bearish. In case the pattern triggers the expected changes, the price of #MSFT will go towards 451.96.
The M5 and M15 time frames may have more false entry points.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
Go to the patterns list Go to graph