FX.co ★ Modèles réels. Analyse technique et recommandations de trading

The Double Top reversal pattern has been formed on #AAPL M5. Characteristics: the upper boundary 333.12; the lower boundary 332.58; the width of the pattern is 55 points. Sell trades are better to be opened below the lower boundary 332.58 with a possible movements towards the 332.43 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 322.20 is broken, the downward movement will continue.

The Triple Bottom pattern has formed on the chart of #AAPL M5. Features of the pattern: The lower line of the pattern has coordinates 326.52 with the upper limit 326.52/325.13, the projection of the width is 213 points. The formation of the Triple Bottom pattern most likely indicates a change in the trend from downward to upward. This means that in the event of a breakdown of the resistance level 324.39, the price is most likely to continue the upward movement.

The Bearish pennant pattern has formed on the #AAPL M15 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 325.56 is broken through. Recommendations: Place the sell stop pending order 10 pips below the pattern’s low. Place the take profit order at the projection distance of the flagpole height.

The Double Top reversal pattern has been formed on #AAPL M30. Characteristics: the upper boundary 334.93; the lower boundary 328.99; the width of the pattern is 563 points. Sell trades are better to be opened below the lower boundary 328.99 with a possible movements towards the 328.69 level.