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

The Bearish Pennant pattern has formed on the #EBAY M30 chart. A break below the pennant low at 103.52 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.

The Double Bottom pattern has formed on the #EBAY 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 104.43. The projected move is based on the pattern width of 85 points.

The Triple Bottom pattern has formed on the #EBAY M5 chart. A break above the confirmation resistance at 104.57 may signal a reversal from a downtrend to an uptrend.

The Double Bottom pattern has formed on the #EBAY M5 chart. Its upper boundary is at 104.57, its lower boundary is at 103.60, and its width is 96 points. A break above the upper boundary at 104.57 may confirm a trend reversal, with the pattern width defining the projected distance to a potential Take Profit level.

The Bearish Flag pattern has formed on the #EBAY M15 chart, indicating that the downtrend may continue in the near term. A short position may be considered after the price breaks below the pattern low at 103.43.