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

The Triple Top pattern has formed on the chart of the #EBAY M5. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 65.83/66.24 with the upper limit 66.47/66.50; the projection of the width is 64 points. The formation of the Triple Top figure most likely indicates a change in the trend from upward to downward. This means that in the event of a breakdown of the support level of 65.83, the price is most likely to continue the downward movement.

The Bullish pennant signal – Trading instrument #EBAY M30, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 66.63, with the prospect of the next move being a projection of the flagpole height.

The Bullish pennant graphic pattern has formed on the #EBAY M15 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 66.91.

According to the chart of M15, #EBAY formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 64.56/63.85 whereas the lower border goes across 63.36/63.85. The pattern width is measured on the chart at 120 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 63.85 is broken, the price could continue its move toward 64.07.

The Double Bottom pattern has been formed on #EBAY 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 63.49 is broken. The further movements will rely on the width of the current pattern 76 points.

The Triple Top pattern has formed on the chart of the #EBAY M5 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level 4, support level -2, and pattern’s width 57. Forecast If the price breaks through the support level 65.52, it is likely to move further down to 65.87.

According to the chart of M5, #EBAY formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 66.09 and support 65.52. In case the resistance level 66.09 - 66.09 is broken, the instrument is likely to follow the bullish trend.

The Double Top reversal pattern has been formed on #EBAY M15. Characteristics: the upper boundary 63.47; the lower boundary 61.19; the width of the pattern is 222 points. Sell trades are better to be opened below the lower boundary 61.19 with a possible movements towards the 60.97 level.

The Triple Top pattern has formed on the chart of the #EBAY M5 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level -14, support level -5, and pattern’s width 9. Forecast If the price breaks through the support level 63.18, it is likely to move further down to 63.19.

On the chart of the #EBAY M5 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 63.01, where we advise to open a trading position for sale. Take profit is the projection of the pattern’s width, which is 49 points.