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

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.

The Double Top reversal pattern has been formed on #MA M5. Characteristics: the upper boundary 557.06; the lower boundary 549.45; the width of the pattern is 797 points. Sell trades are better to be opened below the lower boundary 549.45 with a possible movements towards the 549.30 level.

On the chart of #MA M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 550.92; the lower boundary 547.06; the width of the pattern 386 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 546.84 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 551.24, with the prospect of the next move being a projection of the flagpole height.

The Bullish pennant pattern is formed on the #MA M30 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high of 551.24, a further uptrend is possible.

The Bullish pennant pattern is formed on the #MA M15 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high of 542.62, a further uptrend is possible.

On the chart of #MA M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 538.24; the lower boundary 529.29; the width of the pattern 895 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 529.14 level.