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The Double Top pattern has been formed on #GOOG M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 333.53 is broken, the downward movement will continue.

According to the chart of M15, #GOOG formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border 324.44 – 324.44 and upper border 330.01 – 330.01. In case the upper border is broken, the instrument is likely to follow the upward trend.

The Bullish pennant graphic pattern has formed on the #GOOG M15 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 330.20.

According to the chart of M5, #GOOG formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 317.39/319.64 and upper border is 321.95/319.64. The pattern width is measured on the chart at -456 pips. The formation of the Bearish Symmetrical Triangle pattern evidently signals a continuation of the downward trend. In other words, if the scenario comes true and #GOOG breaches the lower border, the price could continue its move toward 319.49.

The Double Bottom pattern has been formed on #GOOG M15. Characteristics: the support level 317.63; the resistance level 323.84; the width of the pattern 621 points. If the resistance level is broken, a change in the trend can be predicted with the first target point lying at the distance of 645 points.