FX.co ★ Actual patterns. Technical analysis and trading recommendations

The Double Bottom pattern has formed on the #GOOG M15 chart. Its support is at 334.94, its resistance is at 336.33, and its width is 139 points. A break above resistance may confirm a trend reversal, with the first target projected 130 points away.

The Triple Bottom pattern has formed on the chart of #GOOG M5. The lower boundary is at 335.03, while the upper boundary is at 336.81/336.33. The projected width is 176 points. The formation of the Triple Bottom pattern most likely indicates a change from a downward to an upward trend. If the confirmation resistance at 336.81 is broken, the price is likely to continue upward.

The Bearish Rectangle has formed on the #GOOG M5 chart. This is a trend continuation pattern bounded by the lower boundary at 336.52–336.52 and the upper boundary at 338.52–338.52. A breakout below the lower boundary is likely to signal a continuation of the downtrend.

The Triple Bottom pattern has formed on the #GOOG M5 chart. It has the following characteristics: resistance at 338.18; support at 336.56; pattern width of 162 points. If the confirmation resistance at 338.42 is broken, the price is likely to continue upward by at least 168 points.

The Bearish Symmetrical Triangle pattern has formed on the #GOOG M5 chart. Its lower boundary passes through 336.52/337.41, while its upper boundary passes through 338.52/337.41. The pattern width is 200 points. The Bearish Symmetrical Triangle indicates a likely continuation of the downtrend. If #GOOG breaks below the lower boundary, the price could move toward 337.26.