Is this a top or just a sideways correction to pattern out excessive price gains that are above current fundamentals?
This is the big question when studying stocks right now.
NASDAQ:AAPL is definitely not a sideways trend right at the moment, but is it a downside run after a top? What is missing? There are 2 lower highs BUT just ONE lower low.
To confirm...
AUDUSD Sideways / Ranging will be clearly visible on the M30 timeframe, Starting from March 31, You can enter the demand area (when this idea was created) or enter supply with a CONFIRMATION note, Don't try to enter without confirmation, because maybe the price will trying to penetrate Supply / Demand, the direction of price movement will remain the same, namely...
The price has been trapped within this range since December last year. This last week, the price gave a fake break out of the resistance, then closed the week back within the range (forming a weekly pinbar). Within this upcoming week I can expect to see the price drop further down to the support once again around 166.305. Before I take entry on this pair, I'll...
