The Apple price has fallen significantly and has meanwhile dipped into our green target zone. Thus, we think that it is currently in its green wave (4), whose end it should slowly dedicate itself to. Afterwards, it then goes uphill for him, why placing long orders is worthwhile. Alternatively, it would go even further downhill should the price fall below the upper target zone. According to this scenario, which we assign a probability of 34%, the price would have to fall into our second target zone.
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📊 Free daily market insights combining macro + Elliott Wave analysis
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter - full free analyses at dailymarketupdate.com
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter - full free analyses at dailymarketupdate.com
Disclaimer
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.