FX.co ★ #AAPL M5: Head and Shoulders

According to the chart of M5, #AAPL formed the Head and Shoulders pattern. The Head’s top is set at 269.39 while the median line of the Neck is found at 265.82/266.25. The formation of the Head and Shoulders pattern evidently signals a reversal of the upward trend. In other words, in case the scenario comes true, the price of #AAPL will go towards 266.10.