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Actual patterns
Double Top
The Double Top reversal pattern has been formed on #EBAY M15. Characteristics: the upper boundary 94.44; the lower boundary 93.29; the width of the pattern is 115 points. Sell trades are better to be opened below the lower boundary 93.29 with a possible movements towards the 93.07 level.
Double Top
The Double Top pattern has been formed on #EBAY M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 93.29 is broken, the downward movement will continue.
Triple Top
The Triple Top pattern has formed on the chart of the #EBAY M15. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 93.25/93.31 with the upper limit 94.30/94.44; the projection of the width is 105 points. The formation of the Triple Top figure most likely indicates a change in the trend from upward to downward. This means that in the event of a breakdown of the support level of 93.25, the price is most likely to continue the downward movement.
Double Top
On the chart of #EBAY M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 94.29; the lower boundary 93.25; the width of the pattern 104 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 93.03 level.
Bullish Rectangle
According to the chart of H1, #EBAY formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border 89.73 – 89.73 and upper border 92.21 – 92.21. In case the upper border is broken, the instrument is likely to follow the upward trend.