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Actual patterns
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 213.00 is broken, the downward movement will continue.
Bullish pennant
The Bullish pennant pattern is formed on the #AAPL H1 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high of 213.30, a further uptrend is possible.
Bullish Symmetrical Triangle
According to the chart of M5, #AAPL formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 211.06/211.99 whereas the upper border goes across 213.30/211.99. If the Bullish Symmetrical Triangle pattern is in progress, this evidently signals a further upward trend. In other words, in case the scenario comes true, the price of #AAPL will breach the upper border to head for 212.14.
Double Top
The Double Top reversal pattern has been formed on #AAPL M15. Characteristics: the upper boundary 208.49; the lower boundary 207.07; the width of the pattern is 132 points. Sell trades are better to be opened below the lower boundary 207.07 with a possible movements towards the 206.85 level.
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 210.15, with the prospect of the next move being a projection of the flagpole height.