We will see a reversal of the price towards the demand zone. Next week's candle which will decide the new direction of the market
Hello Traders, welcome to this free and educational analysis. I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities. If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below. I will personally reply to every single...
When looking at the 1 week chart we can see more clearly that this recent pullback in price was preceded by a bearish divergence between price action and RSI. We have now entered oversold territory and I think there's a good chance that price will bounce at support however if support is broken we could see an even further pull back to the $100-$110 region.
TITLE/(DATE)- BUY APPLE STOCK TICKER-- AAPL ORDER TYPE- BUY LIMIT Time Frame- 1D ENTRY PRICE 1- $128.50 (Market) ENTRY 2- $126.50 (pending). STOP LOSS- $123.50 TAKE PROFIT 1- $133.50. TAKE PROFIT 2- $138.50. TAKE PROFIT 3- $143.50. TAKE PROFIT 4- $148.50