FX.co ★ Actual patterns. Technical analysis and trading recommendations

The Bullish pennant graphic pattern has formed on the #EBAY 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 114.41.

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 113.54/112.09 whereas the lower border goes across 110.67/112.09. The pattern width is measured on the chart at 287 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 112.09 is broken, the price could continue its move toward 112.24.

The Bullish pennant graphic pattern has formed on the #EBAY M15 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 111.51.

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 110.69, a further uptrend is possible.

According to the chart of M30, #EBAY formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 104.87 is likely to encourage a continuation of the downward trend.

The Double Top pattern has been formed on #EBAY M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 109.00 is broken, the downward movement will continue.

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 110.10/108.36.

The Double Bottom pattern has been formed on #EBAY M15; the upper boundary is 110.10; the lower boundary is 107.50. The width of the pattern is 264 points. In case of a break of the upper boundary 110.10, 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 #EBAY M5. Characteristics: the support level 107.46; the resistance level 110.10; the width of the pattern 264 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 260 points.

The Triple Bottom pattern has been formed on #EBAY M5. It has the following characteristics: resistance level 108.81/108.29; support level 107.73/107.82; the width is 108 points. In the event of a breakdown of the resistance level of 108.81, the price is likely to continue an upward movement at least to 107.96.