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

According to the chart of M5, #EBAY formed the Inverse Head and Shoulder pattern. The Head’s top is set at 65.78 while the median line of the Neck is found at 65.18/65.49. 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 #EBAY will go towards 65.93