FX.co ★ Actual patterns. Technical analysis and trading recommendations
Actual patterns
Triple Bottom
The Triple Bottom pattern has formed on the #GOOG M15 chart. A break above the confirmation resistance at 356.44 may signal a reversal from a downtrend to an uptrend.
Inverse Head and Shoulders
The Inverse Head and Shoulders pattern has formed on the #GOOG M5 chart. The head low is at 352.73, while the neckline passes through 354.30/354.12. The formation of the Inverse Head and Shoulders indicates a potential reversal of the downtrend. A break above the higher neckline anchor may confirm the bullish reversal.
Triple Bottom
The Triple Bottom pattern has formed on the #GOOG M15 chart. A break above the confirmation resistance at 356.44 may signal a reversal from a downtrend to an uptrend.
Inverse Head and Shoulders
The Inverse Head and Shoulders pattern has formed on the #GOOG M5 chart. A break above the higher of the neckline anchors at 354.30/354.12 may confirm the bullish reversal.
Double Top
The Double Top pattern has formed on the #GOOG M5 chart and signals a potential reversal from an uptrend to a downtrend. A break below the pattern base at 375.89 is likely to confirm further downward movement.
