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

The Double Top reversal pattern has been formed on #EBAY M15. Characteristics: the upper boundary 94.44; the lower boundary 93.29; the width of the pattern is 115 points. Sell trades are better to be opened below the lower boundary 93.29 with a possible movements towards the 93.07 level.

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 93.29 is broken, the downward movement will continue.

The Triple Top pattern has formed on the chart of the #EBAY M15. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 93.25/93.31 with the upper limit 94.30/94.44; the projection of the width is 105 points. The formation of the Triple Top figure most likely indicates a change in the trend from upward to downward. This means that in the event of a breakdown of the support level of 93.25, the price is most likely to continue the downward movement.

On the chart of #EBAY M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 94.29; the lower boundary 93.25; the width of the pattern 104 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 93.03 level.

According to the chart of H1, #EBAY formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border 89.73 – 89.73 and upper border 92.21 – 92.21. In case the upper border is broken, the instrument is likely to follow the upward trend.

The Double Top pattern has been formed on #EBAY H1. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 89.73 is broken, the downward movement will continue.

On the chart of #EBAY M30 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 92.10; the lower boundary 89.73; the width of the pattern 237 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 89.43 level.

On the chart of #EBAY M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 92.10; the lower boundary 89.73; the width of the pattern 237 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 89.50 level.

The #EBAY M5 formed the Head and Shoulders pattern with the following features: The Head’s top is at 92.21, the Neckline and the upward angle are at 90.79/90.97. The formation of this pattern can bring about changes in the current trend from bullish to bearish. In case the pattern triggers the expected changes, the price of #EBAY will go towards 90.82.

According to the chart of M5, #EBAY formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 85.06 and 84.73 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 33 pips. Outlook: If the upper border 85.06 is broken, the price is likely to continue its move by 85.02.