FX.co ★ Patterns #EBAY | eBay Inc. Stock Price

The Bearish pennant pattern has formed on the #EBAY M30 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 81.29; the projection of the flagpole height is equal to 1121 pips. In case the price breaks out the pattern’s bottom of 81.29, the downtrend is expected to continue for further level 80.99.

The Bearish pennant pattern has formed on the #EBAY M15 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 80.74 is broken through. Recommendations: Place the sell stop pending order 10 pips below the pattern’s low. Place the take profit order at the projection distance of the flagpole height.

According to the chart of M30, #EBAY formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border 94.88 – 94.88 and upper border 95.97 – 95.97. In case the upper border is broken, the instrument is likely to follow the upward trend.

The Double Bottom pattern has been formed on #EBAY M5; the upper boundary is 95.22; the lower boundary is 94.95. The width of the pattern is 29 points. In case of a break of the upper boundary 95.22, 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.

According to the chart of M15, #EBAY formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 95.97, the lower border is 94.88. The signal means that a long position should be opened above the upper border 95.97 of the Bullish Rectangle.

According to the chart of M5, #EBAY formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 95.97 and support 94.88. In case the resistance level 95.97 - 95.97 is broken, the instrument is likely to follow the bullish trend.

The Double Top pattern has been formed on #EBAY M30. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 93.67 is broken, the downward movement will continue.

The Triple Bottom pattern has formed on the chart of #EBAY M5. Features of the pattern: The lower line of the pattern has coordinates 94.88 with the upper limit 94.88/94.80, the projection of the width is 34 points. The formation of the Triple Bottom pattern most likely indicates a change in the trend from downward to upward. This means that in the event of a breakdown of the resistance level 94.54, the price is most likely to continue the upward movement.

The Triple Bottom pattern has formed on the chart of the #EBAY M5 trading instrument. The pattern signals a change in the trend from downwards to upwards in the case of breakdown of 95.14/94.88.

According to the chart of M5, #EBAY formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 95.85 and support 94.58. In case the resistance level 95.85 - 95.85 is broken, the instrument is likely to follow the bullish trend.