FX.co ★ #AAPL M5: Bearish Symmetrical Triangle

According to the chart of M5, #AAPL formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 274.84/276.64 and upper border is 278.13/276.64. The pattern width is measured on the chart at -329 pips. The formation of the Bearish Symmetrical Triangle pattern evidently signals a continuation of the downward trend. In other words, if the scenario comes true and #AAPL breaches the lower border, the price could continue its move toward 276.49.