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

According to the chart of M15, #EBAY formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 67.31 and 65.74 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 157 pips. Outlook: If the upper border 67.31 is broken, the price is likely to continue its move by 66.89.

According to the chart of M5, #EBAY formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 67.70/67.05 whereas the lower border goes across 66.31/67.05. The pattern width is measured on the chart at 139 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 67.05 is broken, the price could continue its move toward 67.20.

The Triple Top pattern has formed on the chart of the #EBAY H1 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level 9, support level -1, and pattern’s width 178. Forecast If the price breaks through the support level 65.15, it is likely to move further down to 66.95.

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 65.75/65.96 with the upper limit 66.27/66.31; the projection of the width is 52 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 65.75, the price is most likely to continue the downward movement.

The Double Bottom pattern has been formed on #EBAY M15; the upper boundary is 67.35; the lower boundary is 65.16. The width of the pattern is 215 points. In case of a break of the upper boundary 67.35, 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.

The Double Top reversal pattern has been formed on #EBAY M5. Characteristics: the upper boundary 66.79; the lower boundary 65.94; the width of the pattern is 91 points. Sell trades are better to be opened below the lower boundary 65.94 with a possible movements towards the 65.79 level.

The Bullish pennant pattern is formed on the #EBAY M5 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high of 66.14, a further uptrend is possible.

The Triple Bottom pattern has formed on the chart of the #EBAY M15 trading instrument. The pattern signals a change in the trend from downwards to upwards in the case of breakdown of 63.80/62.11.

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.