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FX.co ★ #GOOG M5: Head and Shoulders

#GOOG M5: Head and Shoulders

Head and ShouldersThe technical pattern called Head and Shoulders has appeared on the chart of #GOOG M5. There are weighty reasons to suggest that the price will surpass the Neckline 2337.74/2339.16 after the right shoulder has been formed. So, the trend is set to change with the price heading for 2339.01.
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