FX.co ★ Patterns #MA | Mastercard IncorpoRated Stock Price

According to the chart of M30, #MA formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 586.61 and support 582.27. In case the resistance level 586.61 - 586.61 is broken, the instrument is likely to follow the bullish trend.

On the chart of #MA M30 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 586.60; the lower boundary 582.27; the width of the pattern 433 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 581.97 level.

The Bullish pennant signal – Trading instrument #MA M15, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 587.06, with the prospect of the next move being a projection of the flagpole height.

The Double Top reversal pattern has been formed on #MA M5. Characteristics: the upper boundary 581.78; the lower boundary 580.96; the width of the pattern is 91 points. Sell trades are better to be opened below the lower boundary 580.96 with a possible movements towards the 580.81 level.

The Double Top reversal pattern has been formed on #MA M5. Characteristics: the upper boundary 580.56; the lower boundary 577.10; the width of the pattern is 325 points. Sell trades are better to be opened below the lower boundary 577.10 with a possible movements towards the 576.95 level.

On the chart of #MA M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 574.33; the lower boundary 573.51; the width of the pattern 82 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 573.36 level.

The Bearish pennant pattern has formed on the #MA M30 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 562.57, a trader will be able to successfully enter the sell position.

According to the chart of M5, #MA formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 562.57 is likely to encourage a continuation of the downward trend.

The Triple Top pattern has formed on the chart of the #MA M5 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level -35, support level -16, and pattern’s width 88. Forecast If the price breaks through the support level 571.72, it is likely to move further down to 572.44.

The Double Bottom pattern has been formed on #MA 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 570.10 is broken. The further movements will rely on the width of the current pattern 305 points.