FX.co ★ Actual patterns. Technical analysis and trading recommendations
实际图案
Triple Top
The Triple Top pattern has formed on the chart of the #AAPL M5 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level -15, support level -16, and pattern’s width 105. Forecast If the price breaks through the support level 205.64, it is likely to move further down to 206.52.
Triple Top
The Triple Top pattern has formed on the chart of the #AAPL M5. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 205.26/205.64 with the upper limit 206.63/206.67; the projection of the width is 137 points. The formation of the Triple Top figure most likely indicates a change in the trend from upward to downward. This means that in the event of a breakdown of the support level of 205.26, the price is most likely to continue the downward movement.
Double Top
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 205.26 is broken, the downward movement will continue.
Double Top
On the chart of #AAPL M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 207.91; the lower boundary 205.63; the width of the pattern 228 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 205.48 level.
Bullish pennant
The Bullish pennant signal – Trading instrument #AAPL M5, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 197.78, with the prospect of the next move being a projection of the flagpole height.