APPLE - Purple War Zone!

Hello everyone, if you like the idea, do not forget to support with a like and follow.

AAPL is overall bullish trading inside the brown channel and now approaching the lower trendline acting as non-horizontal support.

Moreover, the green area is a "Resistance turned into Support".

So the highlighted purple circle is a very strong area to look for buy setups as it is the intersection of support in green and the brown trendline.

As per my trading style:
I will be looking for potential bullish reversal setups on lower timeframes (like a double bottom, trendline break, and so on...)

Unless AAPL breaks the green zone downward aggressively with many big bearish candles, then it will become resistance again and we will be looking for sell setups on its retest.

Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich