2018-05-25 Double Top #MSFT H1

The Double Top reversal pattern has been formed on #MSFT H1. Characteristics: the upper boundary 98.92; the lower boundary 96.80; the width of the pattern is 216 points. Sell trades are better to be opened below the lower boundary 96.80 with a possible movements towards the 96.40 level.

2018-05-25 Bullish Rectangle #GOOG M5

According to the chart of M5, #GOOG formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 1075.74 – 1075.74 and upper border 1078.59 – 1078.59. In case the lower border is broken, the instrument is likely to follow the downward trend.

2018-05-25 Triple Top #MCD M5

On the chart of the #MCD 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 163.29, where we advise to open a trading position for sale. Take profit is the projection of the pattern’s width, which is 62 points.

2018-05-25 Triple Top #MSFT M5

The Triple Top pattern has formed on the chart of the #MSFT M5 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level -9, support level -4, and pattern’s width 38. Forecast If the price breaks through the support level 98.49, it is likely to move further down to 98.75.