FX.co ★ Actual patterns. Technical analysis and trading recommendations

According to the chart of M5, #AAPL formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 305.04 and support 304.21. In case the resistance level 305.04 - 305.04 is broken, the instrument is likely to follow the bullish trend.

On the chart of #AAPL M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 302.26; the lower boundary 298.64; the width of the pattern 362 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 298.42 level.

According to the chart of M30, #AAPL formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 303.15/297.76 whereas the lower border goes across 293.42/297.76. The pattern width is measured on the chart at 973 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 297.76 is broken, the price could continue its move toward 298.06.

The Bullish pennant signal – Trading instrument #AAPL M15, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 298.01, with the prospect of the next move being a projection of the flagpole height.

According to the chart of M5, #AAPL formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border 293.35 – 293.35 and upper border 294.85 – 294.85. In case the upper border is broken, the instrument is likely to follow the upward trend.

According to the chart of M5, #AAPL formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 294.85 and 293.37 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 148 pips. Outlook: If the upper border 294.85 is broken, the price is likely to continue its move by 294.33.

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 293.24/293.45 with the upper limit 294.76/294.74; the projection of the width is 152 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 293.24, the price is most likely to continue the downward movement.

According to the chart of M5, #AAPL formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 294.85, the lower border is 293.24. The signal means that a long position should be opened above the upper border 294.85 of the Bullish Rectangle.

The Double Top pattern has been formed on #AAPL M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 293.24 is broken, the downward movement will continue.

According to the chart of M5, #AAPL formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 294.72, the lower border is 292.15. The signal means that a long position should be opened above the upper border 294.72 of the Bullish Rectangle.