FX.co ★ Patterns #FB | Facebook, Inc. Stock Price

The Bearish Pennant pattern has formed on the #FB M30 chart. It represents a brief consolidation before the price potentially resumes the prevailing trend. A short position may be considered if the price closes below the pattern low at 545.47.

The Bearish Pennant pattern has formed on the #FB M5 chart. It represents a brief consolidation before the price potentially resumes the prevailing trend. A short position may be considered if the price closes below the pattern low at 546.08.

The Double Bottom pattern has formed on the #FB H1 chart. Its upper boundary is at 612.30, its lower boundary is at 578.23, and its width is 3398 points. A break above the upper boundary at 612.30 may confirm a trend reversal, with the pattern width defining the projected distance to a potential Take Profit level.

The Double Top reversal pattern has formed on the #FB M30 chart. Its upper boundary is at 599.83, its lower boundary is at 526.17, and its width is 7125 points. A short position may be considered below the lower boundary at 526.17, with a potential target at 525.87.

The Triple Top reversal pattern has formed on the #FB M5 chart. Its upper boundary is at 594.48/597.42, its lower boundary is at 582.62/591.60, and its current width is 322 points. If the confirmation support at 582.62 is broken, that width can be used to project the downward move.

The Double Top reversal pattern has formed on the #FB M5 chart. Its upper boundary is at 594.48, its lower boundary is at 582.62, and its width is 1220 points. A short position may be considered below the lower boundary at 582.62, with a potential target at 582.47.

A Bullish Pennant continuation signal has formed on the #FB M15 chart. A long position may be considered above the pattern high at 595.27, with the projected move based on the height of the flagpole.

The Bearish Symmetrical Triangle pattern has formed on the #FB M15 chart. Its lower boundary passes through 529.74/547.08, while its upper boundary passes through 564.37/547.08. The pattern width is 3463 points. The Bearish Symmetrical Triangle indicates a likely continuation of the downtrend. If #FB breaks below the lower boundary, the price could move toward 546.85.

The Bearish Pennant pattern has formed on the #FB M15 chart. A break below the pennant low at 526.15 would signal a likely continuation of the downtrend. A Sell Stop order may be placed 10 points below the pattern low, with Take Profit set at a distance equal to the height of the flagpole.

The Triple Bottom pattern has formed on the #FB M5 chart. A break above the confirmation resistance at 538.75 may signal a reversal from a downtrend to an uptrend.