APPLE COMPLETED A 5 WAVE IMPULSE KNOWN UNDER THE WAVE PARADIGM AS A LEADING DIAGONAL
WHICH WAS RETRACED ONLY .382 PERCENT BY A SIMPLE ABC CORRECTION. THE MOST COMMON FIBONACCI RETRACEMENT IS BETWEEN .50 AND .618 WHICH WAS NOT REACHED. IN EITHER CASE PRICES COULD RUN BACK DOWN TO AROUND 65 TO FORM A 3-3-5 EXPANDED FLAT. THE OVERALL PICTURE IS STILL BULLISH
WHICH WAS RETRACED ONLY .382 PERCENT BY A SIMPLE ABC CORRECTION. THE MOST COMMON FIBONACCI RETRACEMENT IS BETWEEN .50 AND .618 WHICH WAS NOT REACHED. IN EITHER CASE PRICES COULD RUN BACK DOWN TO AROUND 65 TO FORM A 3-3-5 EXPANDED FLAT. THE OVERALL PICTURE IS STILL BULLISH
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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.