FX.co ★ Patterns #GOOG | Alphabet Inc. Stock Price

The Double Top pattern has been formed on #GOOG M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 341.12 is broken, the downward movement will continue.

On the chart of #GOOG H1 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 340.04; the lower boundary 330.43; the width of the pattern 961 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 330.03 level.

On the chart of #GOOG M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 330.25; the lower boundary 329.34; the width of the pattern 91 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 329.19 level.

The Triple Top pattern has formed on the chart of the #GOOG M5 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level -51, support level -46, and pattern’s width 100. Forecast If the price breaks through the support level 315.73, it is likely to move further down to 317.16.

The Double Top pattern has been formed on #GOOG M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 279.65 is broken, the downward movement will continue.

The Bullish pennant graphic pattern has formed on the #GOOG 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 281.89.

The Bullish Flag pattern which signals continuation of a trend has been formed on the chart #GOOG M15. Forecast: if the price breaks above the pattern high at 281.67, then traders will be able to place a long deal with the target at 281.89.

The Double Top reversal pattern has been formed on #GOOG M15. Characteristics: the upper boundary 309.06; the lower boundary 307.23; the width of the pattern is 163 points. Sell trades are better to be opened below the lower boundary 307.23 with a possible movements towards the 307.01 level.

The Bullish pennant signal – Trading instrument #GOOG M5, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 306.75, with the prospect of the next move being a projection of the flagpole height.

The Double Top reversal pattern has been formed on #GOOG M5. Characteristics: the upper boundary 301.56; the lower boundary 299.72; the width of the pattern is 181 points. Sell trades are better to be opened below the lower boundary 299.72 with a possible movements towards the 299.57 level.