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

The Double Top reversal pattern has been formed on #MSFT M5. Characteristics: the upper boundary 399.66; the lower boundary 396.02; the width of the pattern is 352 points. Sell trades are better to be opened below the lower boundary 396.02 with a possible movements towards the 395.87 level.

The #MSFT M5 formed the Head and Shoulders pattern with the following features: The Head’s top is at 412.45, the Neckline and the upward angle are at 406.86/406.86. 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 #MSFT will go towards 406.71.

The Double Bottom pattern has been formed on #MSFT M5; the upper boundary is 412.45; the lower boundary is 406.86. The width of the pattern is 559 points. In case of a break of the upper boundary 412.45, 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 Top pattern has formed on the chart of the #MSFT M5 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level 31, support level -39, and pattern’s width 236. Forecast If the price breaks through the support level 405.80, it is likely to move further down to 407.50.

The Bullish pennant signal – Trading instrument #MSFT M15, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 408.16, with the prospect of the next move being a projection of the flagpole height.

According to the chart of M15, #MSFT formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 397.78 – 397.78 and upper border 402.46 – 402.46. In case the lower border is broken, the instrument is likely to follow the downward trend.

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 402.11 is broken. The further movements will rely on the width of the current pattern 402 points.

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 402.11 is broken. The further movements will rely on the width of the current pattern 402 points.

The Double Bottom pattern has been formed on #MSFT M5; the upper boundary is 418.85; the lower boundary is 414.16. The width of the pattern is 466 points. In case of a break of the upper boundary 418.85, 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.

According to the chart of M30, #MSFT formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 418.85, the lower border is 413.44. The signal means that a short position should be opened after fixing a price below the lower border 413.44 of the Bearish Rectangle.