FX.co ★ #NTDOY M15: Inverse Head and Shoulder

According to the chart of M15, #NTDOY formed the Inverse Head and Shoulder pattern. The Head’s top is set at 18.60 while the median line of the Neck is found at 18.27/18.37. The formation of the Inverse Head and Shoulder pattern evidently signals a reversal of the downward trend. In other words, in case the scenario comes true, the price of #NTDOY will go towards 18.83