FX.co ★ #MSFT M5: Inverse Head and Shoulder

According to the chart of M5, #MSFT produced the pattern termed the Inverse Head and Shoulder. The Head is fixed at 381.16 while the median line of the Neck is set at 384.06/383.85. 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 #MSFT will go towards 384.00.