FX.co ★ Actual patterns. Technical analysis and trading recommendations

The Triple Top pattern has formed on the chart of #AAPL M15 and signals a possible trend reversal. After the third peak forms, a break below the confirmation support at 308.99 may confirm the bearish scenario. The projected peak-to-trough width is 115 points.

A Bullish Pennant continuation signal has formed on the #AAPL M15 chart. A long position may be considered above the pattern high at 311.44, with the projected move based on the height of the flagpole.

The Bearish Pennant pattern has formed on the #AAPL M15 chart. It represents a brief consolidation before the price potentially resumes the prevailing trend. A short position may be considered if the price closes below the pattern low at 304.41.

The Triple Bottom pattern has formed on the chart of #AAPL M5. The lower boundary is at 299.98, while the upper boundary is at 304.20/302.30. The projected width is 381 points. The formation of the Triple Bottom pattern most likely indicates a change from a downward to an upward trend. If the confirmation resistance at 304.20 is broken, the price is likely to continue upward.

The Double Bottom pattern has formed on the #AAPL M5 chart. Its upper boundary is at 304.20, its lower boundary is at 300.39, and its width is 390 points. A break above the upper boundary at 304.20 may confirm a trend reversal, with the pattern width defining the projected distance to a potential Take Profit level.