FX.co ★ Actual patterns. Technical analysis and trading recommendations

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 78.86 is breached. Here, a hypothetical profit will equal the width of the available pattern that is -1423 pips.

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 -16, support level -48, and pattern’s width 94. Forecast If the price breaks through the support level 84.96, it is likely to move further down to 85.89.

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 84.57/84.96 with the upper limit 85.90/86.04; the projection of the width is 133 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 84.57, the price is most likely to continue the downward movement.

On the chart of #EBAY M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 85.85; the lower boundary 84.57; the width of the pattern 128 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 84.42 level.

The Bearish pennant pattern has formed on the #EBAY M5 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 84.30, a trader will be able to successfully enter the sell position.

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 87.35/87.57 with the upper limit 88.48/88.65; the projection of the width is 113 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 87.35, the price is most likely to continue the downward movement.

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 85.29, where we advise to open a trading position for sale. Take profit is the projection of the pattern’s width, which is 146 points.

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 84.08, where we advise to open a trading position for sale. Take profit is the projection of the pattern’s width, which is 234 points.

The Bullish pennant signal – Trading instrument #EBAY M15, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 88.15, with the prospect of the next move being a projection of the flagpole height.

According to the chart of M5, #EBAY formed the Head and Shoulders pattern. The Head’s top is set at 83.13 while the median line of the Neck is found at 82.45/82.44. The formation of the Head and Shoulders pattern evidently signals a reversal of the upward trend. In other words, in case the scenario comes true, the price of #EBAY will go towards 82.29.