On the daily chart, we expected to see a double ZZ Wave. We finished wave W and X and now we are in Y, which is waiting for the decline to form the b and then c wave up wich is our target for the trade .
NEED TO KNOW HOW THO FOLLOW THOSE MARKETS .
We have 3 patterns : a possoible 3rd wave up , head-and shoulders , and Harmonic Bat . Target is the yellow area . stop loss: 80.5
Waite till the price brekdown the down trend to reach target .
A bearish Bat pattern that can Target 61% Fibonacchi of CD Target=48.37 Stop Loss = 45.23best luck
A possoible Extened Flat correction is forming , with B wave u will think the price is going higher but it will suddunly turn down after reaching 138 -161.8 fibonacci to complete the correction in a strong and fast C wave . Best luck .
Wave A is expanding Leading Diagonal . Wave B is a traingle . Wave C is impulsive targeting the yellow area possibly .since wave B was a triangle , I am expeting only a single ZZ with this c wave that most likely To end around 7-6-2017 .
Possoible Ending Diagonal . sell set up once we break down the lower trend . target is 47.71$ stop loss =49.2PP
Either to be impulsive wave up to finish 5th wave ot to be a corrective wave combination WXY of a double three . Price action will determine wich way is correct .
This chart show the wave personality of APPLE since 1980 and the psychogy of trading till now .
we might rebound up in the yellow area . we have a double 3 correction WXY of 2nd wave of 5th . we need to observe for trend change with a green candle with break up a resistence . If the price Invalidate t means we still in 4th wave . Best luck