FX.co ★ Patterns #EBAY | eBay Inc. Stock Price

The Triple Bottom pattern has formed on the chart of the #EBAY M5 trading instrument. The pattern signals a change in the trend from downwards to upwards in the case of breakdown of 61.55/61.26.

The Double Top reversal pattern has been formed on #EBAY M5. Characteristics: the upper boundary 68.18; the lower boundary 67.76; the width of the pattern is 40 points. Sell trades are better to be opened below the lower boundary 67.76 with a possible movements towards the 67.61 level.

According to the chart of M15, #EBAY formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 67.33, the lower border is 66.49. The signal means that a long position should be opened above the upper border 67.33 of the Bullish Rectangle.

On the chart of #EBAY M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 67.15; the lower boundary 66.88; the width of the pattern 27 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 66.65 level.

The Double Top reversal pattern has been formed on #EBAY M5. Characteristics: the upper boundary 67.16; the lower boundary 66.88; the width of the pattern is 27 points. Sell trades are better to be opened below the lower boundary 66.88 with a possible movements towards the 66.73 level.

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

The Bearish pennant pattern has formed on the #EBAY M15 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 65.40; the projection of the flagpole height is equal to 125 pips. In case the price breaks out the pattern’s bottom of 65.40, the downtrend is expected to continue for further level 65.18.

According to the chart of H1, #EBAY formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 64.07 is breached. Here, a hypothetical profit will equal the width of the available pattern that is -473 pips.

The Double Top reversal pattern has been formed on #EBAY M30. Characteristics: the upper boundary 67.88; the lower boundary 64.88; the width of the pattern is 311 points. Sell trades are better to be opened below the lower boundary 64.88 with a possible movements towards the 64.58 level.

The Bullish pennant pattern is formed on the #EBAY M30 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high of 67.46, a further uptrend is possible.