AAPL ....adding this for the sake of having it on here. 2c long entry. Price pulling back in a bullish trend. Price forms somewhat of an inverted Head & Shoulders, or three-pushes to a low sequence.
Also, something which stood out for me was the symmetrical cycles which formed, wherein I harken back to the 'ol Stevenson PTT concept. Red lines are targets based off of the previous cycle and the purple line was the CTL which triggers a long entry. I actually traded this for a tiny gain as I covered almost to the tick before it rocketed higher....very frustrating
The setups I include on this blog are used in conjunction with the 3/10macd and the criteria I ascribe to it as a way to alert me to an existing condition of price. The key concept to take away from this blog is that I try to anticipate what will happen on the higher time frame by using a faster time frame to trigger the trade setup. I do not trade a "system" I use two indicators to clue me in to price conditions. Please read the Disclaimer located in the sidebar of this site. I can be contacted via email at firstname.lastname@example.org
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