FX.co ★ Patterns #MSFT | Microsoft Corporation Stock Price

The Bullish pennant signal – Trading instrument #MSFT M5, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 368.37, with the prospect of the next move being a projection of the flagpole height.

The Double Bottom pattern has been formed on #MSFT M15. Characteristics: the support level 356.51; the resistance level 365.32; the width of the pattern 881 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 847 points.

The Double Bottom pattern has been formed on #MSFT M30; the upper boundary is 365.32; the lower boundary is 356.85. The width of the pattern is 881 points. In case of a break of the upper boundary 365.32, 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 Bottom pattern has been formed on #MSFT H1. 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 365.32 is broken. The further movements will rely on the width of the current pattern 881 points.

The Bearish pennant pattern has formed on the #MSFT M15 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 401.26 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.

The Double Bottom pattern has been formed on #MSFT M30. 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 407.90 is broken. The further movements will rely on the width of the current pattern 385 points.

The Triple Bottom pattern has formed on the chart of the #MSFT M15 trading instrument. The pattern signals a change in the trend from downwards to upwards in the case of breakdown of 410.22/407.90.

The Double Bottom pattern has been formed on #MSFT M15. 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 407.90 is broken. The further movements will rely on the width of the current pattern 385 points.

The Triple Bottom pattern has been formed on #MSFT M5. It has the following characteristics: resistance level 409.15/405.98; support level 404.67/404.41; the width is 448 points. In the event of a breakdown of the resistance level of 409.15, the price is likely to continue an upward movement at least to 404.61.

The Double Bottom pattern has been formed on #MSFT 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 409.15 is broken. The further movements will rely on the width of the current pattern 448 points.