- Google reversed from support level 175.00
- Likely to rise to the resistance level 180.00
Google recently reversed up from the support zone between the support level 175.00 (former Double Top from May) and the 38.2% Fibonacci correction of the sharp upward impulse iii from the start of June.
The upward reversal from this support zone started the active minor impulse wave v of the C-wave from the start of May.
Google can be expected to rise further in the active Rising Wedge chart pattern to the next resistance level 180.00 (which stopped the previous impulse wave (iii) earlier this month).
- Likely to rise to the resistance level 180.00
Google recently reversed up from the support zone between the support level 175.00 (former Double Top from May) and the 38.2% Fibonacci correction of the sharp upward impulse iii from the start of June.
The upward reversal from this support zone started the active minor impulse wave v of the C-wave from the start of May.
Google can be expected to rise further in the active Rising Wedge chart pattern to the next resistance level 180.00 (which stopped the previous impulse wave (iii) earlier this month).
Alexander Kuptsikevich,
Chief Market Analyst at FxPro
----------
Follow our Telegram channel t.me/fxpro dedicated to providing insightful market analysis and expertise.
Reach out to media.comments@fxpro.com for PR and media inquiries
Chief Market Analyst at FxPro
----------
Follow our Telegram channel t.me/fxpro dedicated to providing insightful market analysis and expertise.
Reach out to media.comments@fxpro.com for PR and media inquiries
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Alexander Kuptsikevich,
Chief Market Analyst at FxPro
----------
Follow our Telegram channel t.me/fxpro dedicated to providing insightful market analysis and expertise.
Reach out to media.comments@fxpro.com for PR and media inquiries
Chief Market Analyst at FxPro
----------
Follow our Telegram channel t.me/fxpro dedicated to providing insightful market analysis and expertise.
Reach out to media.comments@fxpro.com for PR and media inquiries
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.