Apple making first pull back to 30-60 ema area after long run up.
Waiting and watching on 5-15-20 min to buy break to upside of declining ma.
First pullback is always good for buy.
As i can see on previous rally it’s makes 3 pull backs to 30 ema before its went down.
First 1-2 pull backs is the best opportunity. Third is more risky and no more than 3 usually can be safely taken on one run up. Close below 60ema on daily without breaking up on smaller time frame will invalidate set up.
Waiting and watching on 5-15-20 min to buy break to upside of declining ma.
First pullback is always good for buy.
As i can see on previous rally it’s makes 3 pull backs to 30 ema before its went down.
First 1-2 pull backs is the best opportunity. Third is more risky and no more than 3 usually can be safely taken on one run up. Close below 60ema on daily without breaking up on smaller time frame will invalidate set up.
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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.