
According to the chart of M5, #EBAY formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 70.29/70.69 whereas the upper border goes across 71.00/70.69. If the Bullish Symmetrical Triangle pattern is in progress, this evidently signals a further upward trend. In other words, in case the scenario comes true, the price of #EBAY will breach the upper border to head for 70.84.
The M5 and M15 time frames may have more false entry points.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade