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 344.87; the lower boundary 343.62; the width of the pattern 125 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 343.47 level.

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.