Bearish ABCD Pattern for NASDAQ:AAPL by moneyflow_trader

monitoring the 45min Chart, I'm seeing a potential bearish ABCD pattern set up. In addition, imho we should retest the $181.50-$183.50 near the bearish crab & Bearish BAt resistances level. Looking for these to be flipped as support. We also have an apex of the triangle looking to be completed by close. The Bear Flag on the 45 hasn't been invalidated

NOT TRADING OR FINANICAL ADVICE , PLEASE DO YOUR OWN DUE DILLIGENCE. FOLLOWING THIS TRADE CARRIES RISK. CHEERS

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4hr take a look at the RSI, its too high above the clouds also bearish sign

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bearish divergence by the AD

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sheesh, nothing moves but the money about to cash these puts out... FIFO (FIRST IN FIRST OUT) YOU CAN WAIT FOR 181 IF YOU LIKE BUT WE UP BIG

Trade closed manually:

TAKING PROFITS HERE

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if you're still short watchout for the traps ... I already closed my puts, and looking for dips... take a look at

SPY etf

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getting close to the switch...

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this short is over, I'm long on the box breakout set up buying dips

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same time frame, but focus on the money flow and the AD.. which is setting up a box breakout as previous resistances is currently holding as support

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now look at the 50 day moving avg, set to cross a major fib level in the .50 fib, and also set to cross higher above b leg of the bearish bat/crab pattern...

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AD/Money Flow overlapping price action tells me everything even w/ price action bouncing off the .382 fib

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notice the AD bounced off both X and D leg of the previous resistances level (bearish bat pattern) and also closed above D leg of the bearish crab (previous resistances)... and setting up a box breakout to 189... and price action bounced off of both B leg of the bearish bat, and b leg of the bearish crab

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loading calls at the open, and adding to the position...

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added, now looking for a box breakout... be greedy when others are fearful

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apex of triangle/bull flag set up

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ALL IN,

looking for short covering to begin

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last post til power hour

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180 calls options , AD showing an ascending triangle above resistances to $183

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give me a minute will break this down further

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2hr view, same chart

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185.50 target and im standing on this, not moving off of it

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APEX AT POWER HOUR

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can't break it down anymore...

good luck to those holding overnight

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bull flag breakout

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anticipating a 5% pop to the upside tomorrow. we'll see if im right or wrong tomorrow

AD at apex

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why im still bullish on apple, until that double bottom is invalidated on good volume..

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my trading style is not for everyone, and im sharing my analysis for free. please do your own due diligence. having said all that, Apple actually held up beautifully today. I look at things differently than most, im a contrarian.. take a look at this pattern at first glance

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then it hit me, this could be a bullish abcd pattern

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do you see it? do what you want w/ the info, trade how you would normally trade. remember im a complete stranger to you . not trading or investment advice

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I had to go to the 1hr to clearly see the bullish bat along w/ the 3x bottom...

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its the same freaking chart, AD showing me an ascending Triangle. This move has to push next week tho from D leg of that bullish ABCD pattern. I'm seeing the bullish divergence, and look where its pointing to.. again this is not trading or investment advice, will no more next week

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bull flags starting to form on lower time frame, looking for bullish continuation going into fomc this week

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apex forming on the 4hr by the AD/Money Flow

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spike set up on 5min, waiting for 50 ema to cross zone to spike price action

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inside view of the bullish ABCD pattern I showed last week. 1hr spike levels

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coming up on Power Hour. I'll tell you a secret a lot of day traders/pros use.. Its the 3/5/15 ema sequence ... I take it a step further w/ 3/5/9/15 for lower time frames such as this 15min chart

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higher time frames I like the 3/9/18/50, some prefer just the 18/50/200ema set up

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using the lower ema's on the higher time frame can shake you out of a long up trend position

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currently targeting 177.60 close

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why 1776.60 is important.

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last chart of the day, I dont think I need to post anything tomorrow. holding strong hands going into fomc... cheers

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came across this at the close, I just didnt want to posted it afterhours... If you're short, stay short. Not trying to help anyone out thats a bear or short on tech or the market

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apple was shorted into a bull flag at the close, look at the smart money volume

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better view

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My gift to you: waiting for ma's to cross resistances level we to 180+ if it happens Wed during fomc 188

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you want price action to close above the bearish crab resistances level, it needs to be flipped as support

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be careful they trying to get folks to chase, especially w/ options

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what you're seeing is the fear of missing out, esp those that didnt buy yesterday or sell yesterday

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scalping puts during power hour is a cheat code

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100R Chart of the AD/Money Flow going into #fomc w/ my updated price target of $195...

I will be monitoring lower time frames going into the fed meeting mainly the 15min...& watching the money flow

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1st update 1030am #fomc

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AD & Money Flow still in an uptrend, never said it was goign to be easy... thats a current double top on the 15min... notice the rejection from the current bearish bat, and price action is bouncing inside the white box (cypher pattern, b leg) The breakout is when both MA's cross resistances level..

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Inverse head and shoulders setting up as well, although not the traditional IHS I trade

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1130am update, looking for a pivot...

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Money Flow & AD still holding their uptrend going into #fomc... Got the retrace to B leg from the bearish bat signal ..

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defending Mondays Gap up is pivotal going into Fomc .. if 176 continues to hold, that can set up a bull flag breakout, and we actually have an apex forming going into #fomc around 215pm

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as a reminder I did point this out yesterday

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Sept 29th $175 calls loading up

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1230pm lunch time update, uptrend still favorable for bulls...

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trying to take shares, and get folks rattled up... Defending Mondays opening gap up. I'm a whale here... AD is also showing an Inverse head and shoulders set up. We not moving

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AD has not dropped out of the triangle on the 15min...

going to switch tot he 3min time frame now

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still bullish on

AAPL and sticking to my guns