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Head and Shoulders
was formed on 27.06 at 19:45:17 (UTC+0)
signal strength 2 of 5

Head and Shoulders #GOOG M15

According to the chart of M15, #GOOG formed the Head and Shoulders pattern. The Head’s top is set at 175.90 while the median line of the Neck is found at 173.53/173.62. The formation of the Head and Shoulders pattern evidently signals a reversal of the upward trend. In other words, in case the scenario comes true, the price of #GOOG will go towards 173.40.

The M5 and M15 time frames may have more false entry points.

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