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Actual patterns
Bullish pennant
The Bullish pennant signal – Trading instrument #AAPL M30, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 275.70, with the prospect of the next move being a projection of the flagpole height.
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 272.33 is broken, the downward movement will continue.
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Bullish pennant
The Bullish pennant pattern is formed on the #AAPL M5 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high of 275.37, a further uptrend is possible.
Head and Shoulders
According to the chart of M5, #AAPL formed the Head and Shoulders pattern. The Head’s top is set at 269.39 while the median line of the Neck is found at 265.82/266.25. The formation of the Head and Shoulders pattern evidently signals a reversal of the upward trend. In other words, in case the scenario comes true, the price of #AAPL will go towards 266.10.
Bullish Rectangle
According to the chart of M5, #AAPL formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 264.69 and support 263.57. In case the resistance level 264.69 - 264.69 is broken, the instrument is likely to follow the bullish trend.