FX.co ★ Patterns #FB | Facebook, Inc. Stock Price
#FB M15
Triple Bottom
The Triple Bottom pattern has formed on the #FB M15 chart. It has the following characteristics: resistance at 621.49; support at 609.66; pattern width of 1183 points. If the confirmation resistance at 626.32 is broken, the price is likely to continue upward by at least 1573 points.
#FB M5
Triple Bottom
The Triple Bottom pattern has formed on the chart of #FB M5. The lower boundary is at 609.66, while the upper boundary is at 613.65/612.01. The projected width is 370 points. The formation of the Triple Bottom pattern most likely indicates a change from a downward to an upward trend. If the confirmation resistance at 613.65 is broken, the price is likely to continue upward.
#FB M5
Double Bottom
The Double Bottom pattern has formed on the #FB M5 chart. Its upper boundary is at 613.65, its lower boundary is at 609.95, and its width is 369 points. A break above the upper boundary at 613.65 may confirm a trend reversal, with the pattern width defining the projected distance to a potential Take Profit level.
#FB M15
Double Bottom
The Double Bottom pattern has formed on the #FB M15 chart and signals a potential reversal from a downtrend to an uptrend. A long position may be considered after the price breaks above the upper boundary at 626.32. The projected move is based on the pattern width of 1622 points.
#FB M15
Double Bottom
The Double Bottom pattern has formed on the #FB M15 chart and signals a potential reversal from a downtrend to an uptrend. A long position may be considered after the price breaks above the upper boundary at 626.32. The projected move is based on the pattern width of 1622 points.
#FB M30
Bearish Pennant
The Bearish Pennant pattern has formed on the #FB M30 chart. A break below the pennant low at 610.70 would signal a likely continuation of the downtrend. A Sell Stop order may be placed 10 points below the pattern low, with Take Profit set at a distance equal to the height of the flagpole.
#FB M5
Double Bottom
The Double Bottom pattern has formed on the #FB M5 chart. Its support is at 702.84, its resistance is at 706.83, and its width is 399 points. A break above resistance may confirm a trend reversal, with the first target projected 398 points away.
#FB M5
Double Bottom
The Double Bottom pattern has formed on the #FB M5 chart. Its support is at 702.84, its resistance is at 706.83, and its width is 399 points. A break above resistance may confirm a trend reversal, with the first target projected 398 points away.
#FB M15
Double Top
The Double Top reversal pattern has formed on the #FB M15 chart. Its upper boundary is at 727.43, its lower boundary is at 711.70, and its width is 1627 points. A short position may be considered below the lower boundary at 711.70, with a potential target at 711.47.
#FB H1
Double Bottom
The Double Bottom pattern has formed on the #FB H1 chart. Its support is at 713.31, its resistance is at 746.82, and its width is 3351 points. A break above resistance may confirm a trend reversal, with the first target projected 3512 points away.
