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A lot of Fib levels hanging around underneath the psychological $300. I'll be playing it short with PUTs inside that red box.
Big bearish engulfing at ATHs. Either this is a major shake out or it is geared for closing the gap roughly $14 lower.
consolidating for a while in a symmetrical triangle -which is a continuation pattern- we just just broke on the upside, potential long with taking profits on squares marked by the resistance looking left at 221.8 high , and the first fibo extension at 229 -fibo taken from the 221.8 high to 192.753 low - which coincides with historical resistance from September 2018
Riding on the positive news Apple approaching resistance zone again, pre-market is at 213.28 at the time of writing. Today non-farm and Powell speech could decide the next direction for the markets for next week. Great opportunity for a long and short option. If we break the red resistance zone, then Apple will be retesting All time high level soon. Good Luck!
Welcome to everyone. as mentioned long ago in previous post of Appl price is in monthly supply area and possibly it could drop. So it dropped as per our plan and now it is creating new supply imbalances in lower timeframes. Let the higher time frames align with lower time frame charts. Always trade when price gives pull backs. So short bias right now on...
According to the analysis, the exchange rate moves in a sequentially corrected wave wave. I look forward to the third part. So at the 193.12 usd level I am looking for a long entry signal. In case the analysis is correct the exchange rate rise target price is 241.76usd.
Hopefully it’s aiming to fill the gap, the only thing I would change for this trade is making the stop loss abit more higher.
See annotations. Also see linked idea below. Entry strategies will vary; will add on to positions along the way. 50% move is the target. Will look to have 4x leveraged position!
Falling from the three When USA will hit Huawei, CHINA will hit....apple. Foxconn will be the target
The exchange rate builds on a double falling wave structure. We are currently in the first decreasing section. If the assumption is correct, then the second falling wave target may be 151 usd.