FX.co ★ Patterns #MA | Mastercard IncorpoRated Stock Price

The Bullish pennant pattern is formed on the #MA M5 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high of 465.14, a further uptrend is possible.

The Bullish pennant signal – Trading instrument #MA M15, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 465.18, with the prospect of the next move being a projection of the flagpole height.

The Triple Bottom pattern has formed on the chart of #MA M5. Features of the pattern: The lower line of the pattern has coordinates 450.53 with the upper limit 450.53/450.20, the projection of the width is 127 points. The formation of the Triple Bottom pattern most likely indicates a change in the trend from downward to upward. This means that in the event of a breakdown of the resistance level 449.26, the price is most likely to continue the upward movement.

The Double Bottom pattern has been formed on #MA M5. Characteristics: the support level 449.26; the resistance level 450.53; the width of the pattern 127 points. If the resistance level is broken, a change in the trend can be predicted with the first target point lying at the distance of 119 points.

On the chart of #MA H1 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 458.67; the lower boundary 454.90; the width of the pattern 377 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 454.50 level.

The Double Top reversal pattern has been formed on #MA M30. Characteristics: the upper boundary 458.65; the lower boundary 454.90; the width of the pattern is 377 points. Sell trades are better to be opened below the lower boundary 454.90 with a possible movements towards the 454.60 level.

The Double Top reversal pattern has been formed on #MA M15. Characteristics: the upper boundary 458.55; the lower boundary 456.01; the width of the pattern is 266 points. Sell trades are better to be opened below the lower boundary 456.01 with a possible movements towards the 455.79 level.

The #MA M15 formed the Head and Shoulders pattern with the following features: The Head’s top is at 458.65, the Neckline and the upward angle are at 454.93/455.19. The formation of this pattern can bring about changes in the current trend from bullish to bearish. In case the pattern triggers the expected changes, the price of #MA will go towards 454.96.

The Bullish pennant signal – Trading instrument #MA M5, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 458.65, with the prospect of the next move being a projection of the flagpole height.

The Bullish pennant graphic pattern has formed on the #MA M15 instrument. This pattern type falls under the category of continuation patterns. In this case, if the quote can breaks out high, is expected to continue the upward trend to level 455.95.