Apple - 2 short ideas - Mirror, mirror on the wall...

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General
Apple in an uptrend with some small downtrends the last 2 monthsis approaching the yearly open. 2 short ideas that i would be willing to take if the requirements are met.

I will post an additional idea with 1 long setup that i will take if it should develop.

1. Short (Orange arrow)

Requirements
- Price rises above yearly open and the recent swing high
- Price breaks again under yearly open and enter little under the yearly open

Target
Former resistance area (area 1)

Invalidation / SL
- Yearly open and /or Swing High turn support

Stop- Loss
- Above the Swing High

Time duration
Days, weeks, months, years... ;)



2. Short (Blue arrow)

Requirements
- Price falls under area 1
- Area 1 turns resistance
- Enter on retes

Target
Former support level with confluence to the 50% Fib of the current range

Invalidation / SL
- Retaking area 1 after breaking under it

Stop- Loss
- Slightly above area 1

Time duration
Days, weeks, months, years... ;)



Good luck
Uwaga
Lets see if we get a close under area 1
Zlecenie aktywne
Transakcja zakończona: osiągnięto poziom stop
If we should close again below area 1 i will enter the Short again
appleappleincappleshortapplestockChart Patterns

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