FX.co ★ Patterns #FB | Facebook, Inc. Stock Price

The Bearish pennant pattern has formed on the #FB M15 chart. This pattern type is characterized by a slight slowdown after which the price will move in the direction of the original trend. In case the price fixes below the pattern’s low of 494.49, a trader will be able to successfully enter the sell position.

The Bearish pennant pattern has formed on the #FB M15 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 499.30 is broken through. Recommendations: Place the sell stop pending order 10 pips below the pattern’s low. Place the take profit order at the projection distance of the flagpole height.

The Bearish pennant pattern has formed on the #FB H1 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 535.05 is broken through. Recommendations: Place the sell stop pending order 10 pips below the pattern’s low. Place the take profit order at the projection distance of the flagpole height.

The Bearish pennant pattern has formed on the #FB M30 chart. This pattern type is characterized by a slight slowdown after which the price will move in the direction of the original trend. In case the price fixes below the pattern’s low of 531.65, a trader will be able to successfully enter the sell position.

The Bearish pennant pattern has formed on the #FB M5 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 535.46 is broken through. Recommendations: Place the sell stop pending order 10 pips below the pattern’s low. Place the take profit order at the projection distance of the flagpole height.

On the chart of the #FB M15 trading instrument, the Triple Top pattern that signals a trend change has formed. It is possible that after formation of the third peak, the price will try to break through the resistance level 573.08, where we advise to open a trading position for sale. Take profit is the projection of the pattern’s width, which is 1673 points.

The Triple Bottom pattern has formed on the chart of #FB M5. Features of the pattern: The lower line of the pattern has coordinates 587.80 with the upper limit 587.80/583.54, the projection of the width is 459 points. The formation of the Triple Bottom pattern most likely indicates a change in the trend from downward to upward. This means that in the event of a breakdown of the resistance level 583.21, the price is most likely to continue the upward movement.

The Bearish pennant pattern has formed on the #FB M15 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 602.15; the projection of the flagpole height is equal to 891 pips. In case the price breaks out the pattern’s bottom of 602.15, the downtrend is expected to continue for further level 601.92.

The Bullish pennant graphic pattern has formed on the #FB H1 instrument. This pattern type falls under the category of continuation patterns. In this case, if the quote can breaks out high, is expected to continue the upward trend to level 634.22.

The Bullish pennant pattern is formed on the #FB M30 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high of 633.82, a further uptrend is possible.