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

According to the chart of M5, #MA formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 528.77/527.13 whereas the lower border goes across 525.40/527.13. The pattern width is measured on the chart at 337 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 527.13 is broken, the price could continue its move toward 527.28.

According to the chart of M5, #MA formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 525.73/522.20 whereas the lower border goes across 519.32/522.20. The pattern width is measured on the chart at 641 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 522.20 is broken, the price could continue its move toward 522.35.

The Double Bottom pattern has been formed on #MA M15. Characteristics: the support level 516.03; the resistance level 525.61; the width of the pattern 958 points. If the resistance level is broken, a change in the trend can be predicted with the first target point lying at the distance of 927 points.

The Bearish pennant pattern has formed on the #MA 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 540.03, a trader will be able to successfully enter the sell position.

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 538.14 is broken. The further movements will rely on the width of the current pattern 375 points.

The Bearish pennant pattern has formed on the #MA M15 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 533.28, a trader will be able to successfully enter the sell position.

The Double Bottom pattern has been formed on #MA M5; the upper boundary is 542.02; the lower boundary is 539.98. The width of the pattern is 219 points. In case of a break of the upper boundary 542.02, 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 Bearish Flag pattern has been formed on the chart #MA M5 which signals that the downward trend will continue. If the price breaks below the low at 540.86, then it is most likely to move further downwards. The price will likely move by the number of points which equals the length of the flag pole (10 points).

The Bearish pennant pattern has formed on the #MA M5 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 540.86; the projection of the flagpole height is equal to 626 pips. In case the price breaks out the pattern’s bottom of 540.86, the downtrend is expected to continue for further level 540.71.

The Double Bottom pattern has been formed on #MA M5; the upper boundary is 553.76; the lower boundary is 549.93. The width of the pattern is 361 points. In case of a break of the upper boundary 553.76, 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.