FX.co ★ #AAPL M5: Triple Bottom

The Triple Bottom pattern has formed on the chart of #AAPL M5. The lower boundary is at 299.98, while the upper boundary is at 304.20/302.30. The projected width is 381 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 304.20 is broken, the price is likely to continue upward.