FX.co ★ #GOOG M5: Bullish Flag

The Bullish Flag pattern has been formed on #GOOG at M5. The lower boundary of the pattern is located at 178.02/177.74, while the higher boundary lies at 178.48/178.20. The projection of the flagpole is 98 points. This formation signals that the upward trend is most likely to continue. Therefore, if the level of 178.48 is broken, the price will move further upwards.