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The Triple Top pattern has formed on the chart of the #GOOG M5. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 159.47/159.75 with the upper limit 160.25/160.62; the projection of the width is 78 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 159.47, the price is most likely to continue the downward movement.

On the chart of the #GOOG M5 trading instrument, the Triple Top pattern that signals a trend change has formed. It is possible that after formation of the third peak, the price will try to break through the resistance level 159.11, where we advise to open a trading position for sale. Take profit is the projection of the pattern’s width, which is 113 points.

On the chart of #GOOG M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 160.25; the lower boundary 159.11; the width of the pattern 114 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 158.96 level.

The Bullish pennant graphic pattern has formed on the #GOOG M30 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 160.77.

According to the chart of M15, #GOOG formed the Head and Shoulders pattern. The Head’s top is set at 162.70 while the median line of the Neck is found at 158.33/157.56. The formation of the Head and Shoulders pattern evidently signals a reversal of the upward trend. In other words, in case the scenario comes true, the price of #GOOG will go towards 157.34.

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 163.43, with the prospect of the next move being a projection of the flagpole height.

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 23, support level -53, and pattern’s width 187. Forecast If the price breaks through the support level 157.80, it is likely to move further down to 159.58.

The Triple Top pattern has formed on the chart of the #GOOG M5. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 155.68/156.47 with the upper limit 158.72/158.63; the projection of the width is 304 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 155.68, the price is most likely to continue the downward movement.

The Double Bottom pattern has been formed on #GOOG M5. Characteristics: the support level 148.48; the resistance level 150.32; the width of the pattern 184 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 177 points.

The Bullish pennant signal – Trading instrument #GOOG M15, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 155.21, with the prospect of the next move being a projection of the flagpole height.