As of October 19, 2026, MT is showing a Head and Shoulders pattern with 65% confidence on the daily timeframe. SCTR 2.2 (bearish zone), Confirmed Bear trend. EdgeOS buy trigger $63.50 · Target $64.96 · Stop $62.60.
Yes. MT is currently showing a Head and Shoulders pattern with 65% confidence on the daily timeframe (detected 10/19/2026).
The MT Head and Shoulders has a confidence score of 65%. Confidence above 65% is considered high — indicating a clear, textbook-quality pattern. The confidence score measures how closely price action matches the ideal pattern template.
MT's EdgeOS buy trigger is $63.50, target $64.96 (Saty ATR +1), stop below $62.60.
The Head and Shoulders has a historical win rate of 63% when traded with proper volume confirmation and stop placement. Average time to target: 22 trading bars. Best results when combined with trending SCTR (above 9 for bullish, below 4 for bearish) and EdgeOS count confirmation.
Open MT on a chart with EdgeOS overlays, Saty ATR levels, pattern scan, and AI research — all in one view.
Pattern data updated nightly · For informational purposes only · Not investment advice