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

According to the chart of D1, #AAPL formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 167.07 – 167.07 and upper border 178.61 – 178.61. In case the lower border is broken, the instrument is likely to follow the downward trend.

The Double Bottom pattern has been formed on #AAPL M30. 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 170.59 is broken. The further movements will rely on the width of the current pattern 237 points.

The Double Top reversal pattern has been formed on #AAPL M5. Characteristics: the upper boundary 170.59; the lower boundary 169.55; the width of the pattern is 104 points. Sell trades are better to be opened below the lower boundary 169.55 with a possible movements towards the 169.40 level.

According to the chart of M5, #AAPL formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 168.37/169.59 and upper border is 170.60/169.59. The pattern width is measured on the chart at -223 pips. The formation of the Bearish Symmetrical Triangle pattern evidently signals a continuation of the downward trend. In other words, if the scenario comes true and #AAPL breaches the lower border, the price could continue its move toward 169.44.

The Bullish Flag pattern has been formed on the chart #AAPL M5 which signals that the upward trend will continue. Signals: а break of the peak at 175.63 may push the price higher, and the rise will be the projection of the pole.

The Bullish pennant graphic pattern has formed on the #AAPL M5 instrument. This pattern type falls under the category of continuation patterns. In this case, if the quote can breaks out high, is expected to continue the upward trend to level 175.78.

The Bullish Flag pattern which signals continuation of a trend has been formed on the chart #AAPL M5. Forecast: if the price breaks above the pattern high at 175.63, then traders will be able to place a long deal with the target at 175.78.

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

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 169.30, a further uptrend is possible.

The Double Bottom pattern has been formed on #AAPL M15. Characteristics: the support level 168.29; the resistance level 170.03; the width of the pattern 174 points. If the resistance level is broken, a change in the trend can be predicted with the first target point lying at the distance of 171 points.