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

The Bullish pennant graphic pattern has formed on the #EBAY H1 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 53.17.

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 52.73 is broken, the downward movement will continue.

The Bullish pennant signal – Trading instrument #EBAY M30, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 52.80, with the prospect of the next move being a projection of the flagpole height.

According to the chart of M5, #EBAY formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 52.07 and 51.79 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 28 pips. Outlook: If the upper border 52.07 is broken, the price is likely to continue its move by 52.08.

According to the chart of M5, #EBAY formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border 51.20 – 51.20 and upper border 51.48 – 51.48. 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 49.98; the lower boundary is 49.73. The width of the pattern is 24 points. In case of a break of the upper boundary 49.98, 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 Triple Bottom pattern has formed on the chart of #EBAY M5. Features of the pattern: The lower line of the pattern has coordinates 50.34 with the upper limit 50.34/50.21, the projection of the width is 49 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 49.85, the price is most likely to continue the upward movement.

The Double Bottom pattern has been formed on #EBAY M5. 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 50.87 is broken. The further movements will rely on the width of the current pattern 15 points.

The Double Bottom pattern has been formed on #EBAY M5. Characteristics: the support level 51.31; the resistance level 51.98; the width of the pattern 67 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 65 points.

On the chart of the #EBAY D1 trading instrument, the Triple Top pattern that signals a trend change has formed. It is possible that after formation of the third peak, the price will try to break through the resistance level 51.04, where we advise to open a trading position for sale. Take profit is the projection of the pattern’s width, which is 168 points.