FX.co ★ Patterns #AAPL | Apple Inc. Stock Price

The Double Bottom pattern has been formed on #AAPL M15. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should be opened after the upper boundary of the pattern 198.91 is broken. The further movements will rely on the width of the current pattern 273 points.

The Bearish Flag pattern has been formed on the chart #AAPL M15. Therefore, the downwards trend is likely to continue in the nearest term. As soon as the price breaks below the low at 195.72, traders should enter the market.

The Bearish pennant pattern has formed on the #AAPL M15 chart. This pattern type is characterized by a slight slowdown after which the price will move in the direction of the original trend. In case the price fixes below the pattern’s low of 195.72, a trader will be able to successfully enter the sell position.

According to the chart of M5, #AAPL formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 199.85 is likely to encourage a continuation of the downward trend.

The Bullish pennant graphic pattern has formed on the #AAPL M5 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 212.97.

On the chart of the #AAPL 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 196.03, where we advise to open a trading position for sale. Take profit is the projection of the pattern’s width, which is 327 points.

On the chart of #AAPL M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 199.49; the lower boundary 196.03; the width of the pattern 346 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 195.88 level.

According to the chart of M15, #AAPL formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 169.19 is breached. Here, a hypothetical profit will equal the width of the available pattern that is -3997 pips.

The Double Bottom pattern has been formed on #AAPL M5; the upper boundary is 200.55; the lower boundary is 183.02. The width of the pattern is 1666 points. In case of a break of the upper boundary 200.55, a change in the trend can be predicted where the width of the pattern will coincide with the distance to a possible take profit level.

The Double Top pattern has been formed on #AAPL M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 176.83 is broken, the downward movement will continue.