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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 168.07, 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. 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.