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 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.