Watching potential pattern and ABC corrective wave. Would love to see aapl back below 120. Pattern is wrong if it breaks prev. high.
Note
regular candles, maybe like this: Note
btw, ignore dates on renko charts looking forward- they're not able to project time forecast whatsoever.. it's all based on what price does.Note
I had someone tell me I was on drugs for saying aapl could drop to 120.. Well it dropped from 230 to 145 not long ago. I'm just looking at patterns and I happen to know aapl is up 1700% from '08 low. I think a 40% correction is not a difficult stretch of the imagination.Note
thinking ahead- supports my theory that the month of june will rally in equities before the ugly move down Note
aapl- haven't updated in a while- waited patiently for this. Added puts above 212- discovered this ascending broadening formation and held through the drop. Now, price tagged the bottom of the pattern. This is potentially a bearish pivot point: 
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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.