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FX.co ★ #AAPL M5: Triple Bottom

#AAPL M5: Triple Bottom

Triple BottomThe Triple Bottom pattern has formed on the chart of #AAPL M5. The lower boundary is at 324.18, while the upper boundary is at 326.52/325.13. The projected width is 280 points. The formation of the Triple Bottom pattern most likely indicates a change from a downward to an upward trend. If the confirmation resistance at 326.52 is broken, the price is likely to continue upward.
The M5 and M15 time frames may generate more false entry signals.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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