225 is a very strong resistance for Apple and I expect a significant retrace from the Level starting from beginning of september
Trade active
227 entryNote
Now, some days distribution I think then trend reversalNote
EVERY spike here is to be shorted...Note
Now we are at the right TIME as well.Note
Backtesting the breakdown. Sell sell sell lolTrade closed: target reached
Apple collapsed. Now, the resistance zone was 225, however, price overshot - "lost motion". I need to study a bit more to work out closer targets.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.