FX.co ★ Patterns #MSFT | Microsoft Corporation Stock Price

On the chart of #MSFT M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 427.67; the lower boundary 420.18; the width of the pattern 749 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 419.95 level.

On the chart of #MSFT M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 428.12; the lower boundary 423.73; the width of the pattern 439 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 423.51 level.

On the chart of #MSFT M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 419.62; the lower boundary 418.94; the width of the pattern 68 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 418.79 level.

According to the chart of M5, #MSFT formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 412.35 - 0.00 and support 410.97 – 410.97. In case the resistance level 410.97 - 410.97 is broken, the instrument is likely to follow the bearish trend.

The Double Bottom pattern has been formed on #MSFT M5. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should be opened after the upper boundary of the pattern 412.35 is broken. The further movements will rely on the width of the current pattern 138 points.

The Double Bottom pattern has been formed on #MSFT M30; the upper boundary is 411.21; the lower boundary is 406.34. The width of the pattern is 489 points. In case of a break of the upper boundary 411.21, a change in the trend can be predicted where the width of the pattern will coincide with the distance to a possible take profit level.

The Triple Bottom pattern has formed on the chart of the #MSFT M5 trading instrument. The pattern signals a change in the trend from downwards to upwards in the case of breakdown of 410.86/409.36.

According to the chart of M5, #MSFT formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 434.10 – 434.10 and upper border 435.36 – 435.36. In case the lower border is broken, the instrument is likely to follow the downward trend.

The Bullish pennant signal – Trading instrument #MSFT M15, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 438.27, with the prospect of the next move being a projection of the flagpole height.

According to the chart of M5, #MSFT formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 422.42 is likely to encourage a continuation of the downward trend.