Apple path and direction

Hello everyone this is my idea for Apple on daily time frame ..

Few things to keep in mind ..
Apple have Two uptrend channel .. as I pointed in chart ..
Apple broke a important support line ( green line )
There is a gap below I pointed out .. After this support Break i wanted price to fill that gap and test the previous uptrend channel..
But price never went below .. so far

We try to keep it simple and find our lines of support and resistance .. to execute best entries and exist .. as a trader
And make a plan .. and execute in best way possible

For bull thesis ..
You wanna stay as a buyer to target red line as long as green line hold as support ( no daily candle close below )
You wanna buy from previous uptrend channel upper line also same time Gap fill .. ( no daily candle close below upper line )
You wanna buy from blue line to target green line ( no daily candle close below blue line )

For bear thesis ..
You wanna be a seller from red line to target green line ( no daily close above )
You wanna sell if price breaks green line daily close below to target previous channel or blue line ( no daily candle close above )

for any question feel free to ask :)

Bình luận:

In RSI indicator which always give a hint of price movement ..
Price is ranging between black and red line .. pay good attention to those lines