$APPL Possible Reversal Areas (FCP Zones)

Updated
Traders, APPL (Apple stock) can now have a correction on weekly time frames and quite possibly fall hard. The price is very extended and is due for a possible correction/reversal. Watching these 2 FCP reversal zones for possible confirmations. The confirmations must either multiple conformations on daily time frame or weekly time frame.


Trade what you see and keep the risk management tight.

Rules:
1. Never trade too much
2. Never trade without a confirmation
3. Never rely on signals, do your own analysis and research too

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-Vik

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📌 DISCLAIMER
The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only.
Not a financial advice or signal. Please make your own independent investment decisions.
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Note
Best zone is this where potentially current parabolic move ends.

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Better markings

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It has started to fall. As soon as we have a daily time frame confirmation below the zone, we will look to short Money-mouth face

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Apple is looking good.
🤑📉

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Retested the FCP zone and showed rejection.

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Trade closed: target reached
APPL first adjusted target hit on the short positions 🤑📉🎯 ... more to come

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Note
Went higher to retest the trend line and now falling back. This is an important move. If does not break the line to the downside, it may move upwards.

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It went higher as expected, got rejected by the trend line, created a potential Head And Shoulders pattern, and now has hit second target 170 in Pre-Market

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Trade closed: target reached
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Trade closed: target reached
Target 2 hit:

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APPLapplefcpanalysisfcpstrategyFibonaccifibonaccianalysisFibonacci ConfluenceMultiple Time Frame AnalysisTrend Analysisvikinsa

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