FX.co ★ Patterns #FB | Facebook, Inc. Stock Price

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.

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.

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.

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.

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.

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.

The Inverse Head and Shoulders pattern has formed on the #FB M5 chart. A break above the higher of the neckline anchors at 721.33/719.78 may confirm the bullish reversal.

The Bullish Flag pattern has formed on the #FB M5 chart. Its lower boundary passes through 730.60/726.40, while its upper boundary passes through 735.66/731.46. The projected flagpole height is 1269 points. The formation indicates that the uptrend is likely to continue. A break above 735.66 would confirm further upward movement.

The Bullish Pennant pattern has formed on the #FB M5 chart. This is a continuation pattern. If the price closes above the pennant high at 735.66, the uptrend is likely to continue.

The Bearish Flag pattern has formed on the #FB M30 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 712.87.