FX.co ★ Patterns #FB | Facebook, Inc. Stock Price

The Bullish pennant signal – Trading instrument #FB M30, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 630.81, with the prospect of the next move being a projection of the flagpole height.

The Bullish pennant graphic pattern has formed on the #FB M5 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 610.46.

The Bearish pennant pattern has formed on the #FB M5 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 554.18; the projection of the flagpole height is equal to 1315 pips. In case the price breaks out the pattern’s bottom of 554.18, the downtrend is expected to continue for further level 554.03.

The Double Bottom pattern has been formed on #FB M30; the upper boundary is 548.37; the lower boundary is 540.53. The width of the pattern is 814 points. In case of a break of the upper boundary 548.37, 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 Bottom pattern has been formed on #FB M15; the upper boundary is 548.37; the lower boundary is 540.53. The width of the pattern is 814 points. In case of a break of the upper boundary 548.37, 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 Triple Bottom pattern has formed on the chart of the #FB M5 trading instrument. The pattern signals a change in the trend from downwards to upwards in the case of breakdown of 564.51/563.71.

According to the chart of M5, #FB formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 559.81 is likely to encourage a continuation of the downward trend.

The Bullish Flag pattern which signals continuation of a trend has been formed on the chart #FB M15. Forecast: if the price breaks above the pattern high at 594.26, then traders will be able to place a long deal with the target at 594.48.

The Bullish pennant signal – Trading instrument #FB M15, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 594.26, with the prospect of the next move being a projection of the flagpole height.

The Double Bottom pattern has been formed on #FB 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 564.90 is broken. The further movements will rely on the width of the current pattern 765 points.