FX.co ★ #GOOG M5: Inverse Head and Shoulders

The Inverse Head and Shoulders pattern has formed on the #GOOG M5 chart. The head low is at 330.30, while the neckline passes through 336.26/335.48. The Inverse Head and Shoulders signals a potential reversal of the downtrend. A break above the higher neckline anchor may confirm the bullish reversal.