i can see a three wave up it is definitely an ABC correction or a new impulse wave. i counted apple right now as a corrective wave because it has reached its previous resistance. i will enter in a short position at 213 because in that case two things will prove to me: 1 the trend line of diagonal triangle is broken 2 wave 4 have entered wave 1 territory (the wave i labeled as A) so it will invalidate the bullish case count. i will update this trade. stay tuned EP -> 213 TP -> 173 SL -> 229
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Bearish Divergence + Bearish count = great opportunity to short. dont miss this trade.
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apple broke out to new ATH but the rising wedge is still intact until wave 5 gets longer that wave 3. like this chart. when we surpassed the fib extension level 1 it is invalid.