Looking at the chart right here ,
We can see AAPL has made an impulsive move to the upside , and now we have seen the correction from the price .
in the correction phase, we can see a wick rejection from the demand zone as well as line up with the 61.80% fibonacci level ,
and we have added in the stochastic , we also see a divergence is happening just at the oversold area .
theres multiple confluences for this trade , but could be wrong just depends on how SPX reacts to the market .
Trade with stoploss on , let me know what you think about my analysis down below !
We can see AAPL has made an impulsive move to the upside , and now we have seen the correction from the price .
in the correction phase, we can see a wick rejection from the demand zone as well as line up with the 61.80% fibonacci level ,
and we have added in the stochastic , we also see a divergence is happening just at the oversold area .
theres multiple confluences for this trade , but could be wrong just depends on how SPX reacts to the market .
Trade with stoploss on , let me know what you think about my analysis down below !
