FX.co ★ Patterns #AAPL | Apple Inc. Stock Price

The Bullish pennant pattern is formed on the #AAPL M30 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high of 176.13, a further uptrend is possible.

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 176.47, a further uptrend is possible.

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 176.31, with the prospect of the next move being a projection of the flagpole height.

According to the chart of M5, #AAPL formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 167.41/169.08 whereas the upper border goes across 170.54/169.08. 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 169.23.

The Double Bottom pattern has been formed on #AAPL M5. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should be opened after the upper boundary of the pattern 169.05 is broken. The further movements will rely on the width of the current pattern 62 points.

On the chart of #AAPL M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 169.22; the lower boundary 168.06; the width of the pattern 116 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 167.91 level.

According to the chart of M30, #AAPL formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 164.73 is likely to encourage a continuation of the downward trend.

The Bearish pennant pattern has formed on the #AAPL H1 chart. This pattern type is characterized by a slight slowdown after which the price will move in the direction of the original trend. In case the price fixes below the pattern’s low of 163.81, a trader will be able to successfully enter the sell position.

The Bearish pennant pattern has formed on the #AAPL H1 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 163.81 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 Bottom pattern has been formed on #AAPL M5. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should be opened after the upper boundary of the pattern 165.62 is broken. The further movements will rely on the width of the current pattern 84 points.