"Apple, a breakout ?

Updated

Should we buy or wait, an analysis using higher time frame's, please go through all the graphics and comments

Note

Note

again 3 possibilities , it will breaks the levels, but, we have a possibility of triple top also/ consolidate within a range/retrace back

Note

If bulls cannot break these levels, the price can start a reverse journey till 3M opening price or even lower (low of 3M inside bar)

Note

Day

Note

follow the price action, just be cautious at the resistance levels, as bull's will try their best to continue with the momentum, what, i learned especially in day trading, to remain unbiased and follow the price action within the limitation of support and resistance zones and never trade against the day trend, in day chart yellow lines showing 4hr levels valid for 1st 4 hr and green showing day levels, patterns day level's are quiet high, light blue lines showing weekly price lines, again follow the price action

Note

still under Inside bar range

Note

eod and eow

Note

end of week

Note

in day tf

Note

opened above the green line a possibility of pull back

Note

yellow lines (4H) might acts as a R

Note

near a weekly level and 3M level could act as support

Note

today

Note

EOD

Note

omvats1

Also on:

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.