FX.co ★ Patterns #MSFT | Microsoft Corporation Stock Price
#MSFT H1
Bearish Rectangle
According to the chart of H1, #MSFT formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 418.39, the lower border is 411.63. The signal means that a short position should be opened after fixing a price below the lower border 411.63 of the Bearish Rectangle.
#MSFT M30
Bearish Rectangle
According to the chart of M30, #MSFT formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 418.39, the lower border is 411.63. The signal means that a short position should be opened after fixing a price below the lower border 411.63 of the Bearish Rectangle.
#MSFT M15
Double Bottom
The Double Bottom pattern has been formed on #MSFT M15. Characteristics: the support level 413.64; the resistance level 415.42; the width of the pattern 178 points. If the resistance level is broken, a change in the trend can be predicted with the first target point lying at the distance of 157 points.
#MSFT M15
Double Bottom
The Double Bottom pattern has been formed on #MSFT M15; the upper boundary is 415.42; the lower boundary is 413.85. The width of the pattern is 178 points. In case of a break of the upper boundary 415.42, 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.
#MSFT M15
Double Bottom
The Double Bottom pattern has been formed on #MSFT M15. 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 415.42 is broken. The further movements will rely on the width of the current pattern 178 points.
#MSFT M5
Double Bottom
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 414.98 is broken. The further movements will rely on the width of the current pattern 111 points.
#MSFT M15
Double Top
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.
#MSFT M15
Double Top
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.
#MSFT M5
Double Top
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.
#MSFT M5
Bearish Rectangle
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.