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 13.91 while the median line of the Neck is found at 13.44/13.77. 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 14.14