Bearish ABCD Pattern for NASDAQ:AAPL by moneyflow_trader

monitoring the 45min Chart, I'm seeing a potential bearish ABCD pattern set up. In addition, imho we should retest the $181.50-$183.50 near the bearish crab & Bearish BAt resistances level. Looking for these to be flipped as support. We also have an apex of the triangle looking to be completed by close. The Bear Flag on the 45 hasn't been invalidated

NOT TRADING OR FINANICAL ADVICE , PLEASE DO YOUR OWN DUE DILLIGENCE. FOLLOWING THIS TRADE CARRIES RISK. CHEERS

Note

Note

4hr take a look at the RSI, its too high above the clouds also bearish sign

Note

bearish divergence by the AD

Note

sheesh, nothing moves but the money about to cash these puts out... FIFO (FIRST IN FIRST OUT) YOU CAN WAIT FOR 181 IF YOU LIKE BUT WE UP BIG

Trade closed manually

TAKING PROFITS HERE

Note

if you're still short watchout for the traps ... I already closed my puts, and looking for dips... take a look at etf

Note

getting close to the switch...

Note

this short is over, I'm long on the box breakout set up buying dips

Note

same time frame, but focus on the money flow and the AD.. which is setting up a box breakout as previous resistances is currently holding as support

Note

now look at the 50 day moving avg, set to cross a major fib level in the .50 fib, and also set to cross higher above b leg of the bearish bat/crab pattern...

Note

AD/Money Flow overlapping price action tells me everything even w/ price action bouncing off the .382 fib

Note

notice the AD bounced off both X and D leg of the previous resistances level (bearish bat pattern) and also closed above D leg of the bearish crab (previous resistances)... and setting up a box breakout to 189... and price action bounced off of both B leg of the bearish bat, and b leg of the bearish crab

Note

loading calls at the open, and adding to the position...

Note

added, now looking for a box breakout... be greedy when others are fearful

Note

apex of triangle/bull flag set up

Note

ALL IN,

looking for short covering to begin

Note

last post til power hour

Note

180 calls options , AD showing an ascending triangle above resistances to $183

Note

give me a minute will break this down further

Note

2hr view, same chart

Note

185.50 target and im standing on this, not moving off of it

Note

APEX AT POWER HOUR

Note

can't break it down anymore...

good luck to those holding overnight

Note

bull flag breakout

Note

anticipating a 5% pop to the upside tomorrow. we'll see if im right or wrong tomorrow

AD at apex

Note

why im still bullish on apple, until that double bottom is invalidated on good volume..

Note

my trading style is not for everyone, and im sharing my analysis for free. please do your own due diligence. having said all that, Apple actually held up beautifully today. I look at things differently than most, im a contrarian.. take a look at this pattern at first glance

Note

then it hit me, this could be a bullish abcd pattern

Note

do you see it? do what you want w/ the info, trade how you would normally trade. remember im a complete stranger to you . not trading or investment advice

Note

I had to go to the 1hr to clearly see the bullish bat along w/ the 3x bottom...

Note

its the same freaking chart, AD showing me an ascending Triangle. This move has to push next week tho from D leg of that bullish ABCD pattern. I'm seeing the bullish divergence, and look where its pointing to.. again this is not trading or investment advice, will no more next week

Note

bull flags starting to form on lower time frame, looking for bullish continuation going into fomc this week

Note

apex forming on the 4hr by the AD/Money Flow

Note

spike set up on 5min, waiting for 50 ema to cross zone to spike price action

Note

inside view of the bullish ABCD pattern I showed last week. 1hr spike levels

Note

coming up on Power Hour. I'll tell you a secret a lot of day traders/pros use.. Its the 3/5/15 ema sequence ... I take it a step further w/ 3/5/9/15 for lower time frames such as this 15min chart

Note

higher time frames I like the 3/9/18/50, some prefer just the 18/50/200ema set up

Note

using the lower ema's on the higher time frame can shake you out of a long up trend position

Note

currently targeting 177.60 close

Note

why 1776.60 is important.

Note

last chart of the day, I dont think I need to post anything tomorrow. holding strong hands going into fomc... cheers

Note

came across this at the close, I just didnt want to posted it afterhours... If you're short, stay short. Not trying to help anyone out thats a bear or short on tech or the market

Note

apple was shorted into a bull flag at the close, look at the smart money volume

Note

better view

Note

My gift to you: waiting for ma's to cross resistances level we to 180+ if it happens Wed during fomc 188

Note

you want price action to close above the bearish crab resistances level, it needs to be flipped as support

Note

be careful they trying to get folks to chase, especially w/ options

Note

what you're seeing is the fear of missing out, esp those that didnt buy yesterday or sell yesterday

Note

scalping puts during power hour is a cheat code

Note

100R Chart of the AD/Money Flow going into #fomc w/ my updated price target of $195...

I will be monitoring lower time frames going into the fed meeting mainly the 15min...& watching the money flow

Note

1st update 1030am #fomc

Note

AD & Money Flow still in an uptrend, never said it was goign to be easy... thats a current double top on the 15min... notice the rejection from the current bearish bat, and price action is bouncing inside the white box (cypher pattern, b leg) The breakout is when both MA's cross resistances level..

Note

Inverse head and shoulders setting up as well, although not the traditional IHS I trade

Note

1130am update, looking for a pivot...

Note

Money Flow & AD still holding their uptrend going into #fomc... Got the retrace to B leg from the bearish bat signal ..

Note

defending Mondays Gap up is pivotal going into Fomc .. if 176 continues to hold, that can set up a bull flag breakout, and we actually have an apex forming going into #fomc around 215pm

Note

as a reminder I did point this out yesterday

Note

Sept 29th $175 calls loading up

Note

1230pm lunch time update, uptrend still favorable for bulls...

Note

trying to take shares, and get folks rattled up... Defending Mondays opening gap up. I'm a whale here... AD is also showing an Inverse head and shoulders set up. We not moving

Note

AD has not dropped out of the triangle on the 15min...

going to switch tot he 3min time frame now

Note

still bullish on and sticking to my guns

Bearish ABCD Pattern

Disclaimer

Disclaimer