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

On the chart of #GOOG M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 337.05; the lower boundary 335.83; the width of the pattern 122 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 335.68 level.

On the chart of #GOOG M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 337.51; the lower boundary 332.03; the width of the pattern 548 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 331.88 level.

The Double Top reversal pattern has been formed on #GOOG M5. Characteristics: the upper boundary 335.56; the lower boundary 334.80; the width of the pattern is 79 points. Sell trades are better to be opened below the lower boundary 334.80 with a possible movements towards the 334.65 level.

The Double Bottom pattern has been formed on #GOOG M5; the upper boundary is 329.08; the lower boundary is 327.91. The width of the pattern is 120 points. In case of a break of the upper boundary 329.08, a change in the trend can be predicted where the width of the pattern will coincide with the distance to a possible take profit level.

On the chart of #GOOG M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 332.15; the lower boundary 330.91; the width of the pattern 124 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 330.76 level.

The Bullish pennant pattern is formed on the #GOOG M15 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high of 332.36, a further uptrend is possible.

According to the chart of M5, #GOOG formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 331.05 is likely to encourage a continuation of the downward trend.

On the chart of #GOOG M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 340.36; the lower boundary 339.32; the width of the pattern 104 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 339.17 level.

The Triple Top pattern has formed on the chart of the #GOOG M30. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 324.59/329.01 with the upper limit 330.40/331.08; the projection of the width is 581 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 324.59, the price is most likely to continue the downward movement.

The Bullish pennant graphic pattern has formed on the #GOOG H1 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 332.04.