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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 412.45, the Neckline and the upward angle are at 406.86/406.86. 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 406.71.
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
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