FX.co ★ #AAPL M5: Triple Top

The Triple Top pattern has formed on the chart of the #AAPL M5. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 259.49/260.44 with the upper limit 261.91/261.32; the projection of the width is 242 points. The formation of the Triple Top figure most likely indicates a change in the trend from upward to downward. This means that in the event of a breakdown of the support level of 259.49, the price is most likely to continue the downward movement.