TheArtOfCharting

APD - 18 months TRIPLE/MULTIPLE TOP

Short
NYSE:APD   Air Products and Chemicals, Inc.
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Since 2014, my markets approach is to spot trading
opportunities based solely on the development of
CLASSICAL CHART PATTERNS


🤝Let’s learn and grow together 🤝
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Hello Traders ✌

After a nice and profitable trade in early 2019, we are now facing a huge (weekly chart shown) and quite rare Triple/Multiple Top taking place at the all-time highs. Prices have just past earnings release and confirmed the consequent down move.

  • Pattern Class: 🌕🌕🌕🌕🌕
  • Target area: 207.00
  • Breakout area below: 244.00
Entry Point and Initial Stop Loss depends on your Trading Plan Tactics and Money Management rules.

🔎🔎🔎 ALWAYS REMEBER
"A pattern IS NOT a Pattern until the breakout is completed. Before that moment it is just a bunch of colorful candlesticks on a chart of your watchlist"
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⚠ DISCLAIMER ⚠
The content is The Art Of Charting's personal opinion and it is posted purely for educational purpose and therefore it must not be taken as a direct or indirect investing recommendations or advices. Any action taken upon these information is at your own risk.
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