
According to the chart of M5, #EBAY formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 69.23 – 69.23 and upper border 69.51 – 69.51. In case the lower border is broken, the instrument is likely to follow the downward trend.
The M5 and M15 time frames may have more false entry points.
*L'analyse de marché présentée est de nature informative et n'est pas une incitation à effectuer une transaction