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Stargazer_fx
Sep 7, 2020 8:02 AM

APPLE analysis,broke above trendline and made fakeout, buy setup Long

Apple Inc.NASDAQ

Description

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APPLE
The price made a false breakout of the Support/Resistance and broke above descending trendlione ,after a pullback If price continue to hold the Support then there is a chance that price might continue to grow

For Entry:
Wait for the formation of Bullish Candlestick Pattern to close on 1hr timeframe for confirmation to Buy..
Trade it with proper Sl..
In case price breaks below the level then we can look for sell opportunity..




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Comments
PriceActionTrader1
The support and resistance level you spotted on the chart are very weak. I would wait for price to re-test them before making buy decision.
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