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 77.06 while the median line of the Neck is set at 77.45/77.43. 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 77.58.