FX.co ★ #AAPL M5: Inverse Head and Shoulder

According to the chart of M5, #AAPL produced the pattern termed the Inverse Head and Shoulder. The Head is fixed at 270.23 while the median line of the Neck is set at 271.92/271.65. The formation of the Inverse Head and Shoulder Pattern clearly indicates a reversal of the downward trend. In means that in case the scenario comes true, the price of #AAPL will go towards 271.80.