FX.co ★ Actual patterns. Technical analysis and trading recommendations

The Bearish Pennant pattern has formed on the #EBAY M15 chart and signals a potential continuation of the existing trend. The pattern low is at 118.48, and the projected flagpole height is 331 points. If the price breaks below the pattern low at 118.48, the downtrend is expected to continue toward 118.26.

The Bearish Pennant pattern has formed on the #EBAY M15 chart and signals a potential continuation of the existing trend. The pattern low is at 118.77, and the projected flagpole height is 302 points. If the price breaks below the pattern low at 118.77, the downtrend is expected to continue toward 118.54.

The Bullish Symmetrical Triangle pattern has formed on the #EBAY M5 chart. Its lower boundary passes through 120.13/120.94, while its upper boundary passes through 122.14/120.94. The Bullish Symmetrical Triangle is a continuation pattern and therefore supports a further rise. If confirmed, #EBAY is expected to break the upper boundary and move toward 121.09.

The Double Top reversal pattern has formed on the #EBAY H1 chart. Its upper boundary is at 118.64, its lower boundary is at 114.38, and its width is 426 points. A break below the lower boundary is likely to confirm further downward movement toward 113.98.

The Bullish Rectangle has formed on the #EBAY M5 chart and indicates a likely continuation of the trend. Its upper boundary is at 112.33 and its lower boundary is at 111.33. A long position may be considered after the price breaks above the upper boundary at 112.33 of the Bullish Rectangle.