Apple numbers out tomorrow. The news will either be positive or negative. Either way they will impact the price of the stock, usually in a dramatic fashion. To the upside or downwards direction. Knowing where our supply and demand levels are is key. These are two trades we are looking to fill.
shown in the chart will be 2 boxes , blue and red. Blue denotes a strong bullish expansion week, and thereafter price consolidated for 5 weeks. The chart pattern looks to be distributive in nature, and it is confirmed with a bearish expansion week. Right now price is back at the neckline. I will like to see this as a retest of this distributive strucuture and look...
Commentary on my website: www.cryptowaves.com
Based on Structure's and Fibonacci confluence, channel,... If ADP Nonfarm Employment Change is better than expected and if Fed Chair Yellen Speach drives the pair up it could soon reach 0.89048 if these things don't drive up USDCHF it could still reach 0.89048 and then there would be a shorting opportunity. Then ==> I will open a short position...