Forex Trading Library
EUR
$1.07
(0%)
GBP
$1.26
(0%)
AUD
$0.72
(-0%)
JPY
$0.01
(0%)
TRY
$0.06
(0%)
INR
$0.01
(0%)
SGD
$0.73
(0%)
MYR
$0.23
(0%)
JOD
$1.43
(0%)
KWD
$3.31
(0%)
SAR
$0.27
(0%)
AED
$0.28
(0%)
QAR
$0.28
(0%)
OMR
$2.64
(0%)
EGP
$0.06
(0%)

AAPL Bullish Impulse Pushes To 186.68

0 242

The AAPL structure suggests the development of the primary fifth wave. This takes the form of an ending diagonal (1)-(2)-(3)-(4)-(5) of the intermediate degree.

Most likely, the market has completed the construction of an intermediate correction (4) in the form of a minor triple zigzag W-X-Y-X-Z.

After the end of the correction (4), prices moved in the opposite direction in the intermediate wave (5). Wave (5) will take the form of a standard zigzag A-B-C to complete which the last minor wave C is needed.

It is possible that the bulls in wave C will go to 186.68. At that level, wave (5) will be at 61.8% of intermediate wave (3).

The second scenario shows that the ending diagonal and the entire cycle wave a has ended.

We now see a drop in the value of shares in a cycle correction b. This can take the form of a double zigzag Ⓦ-Ⓧ-Ⓨ of the primary degree. It seems that the first two primary sub-waves Ⓦ-Ⓧ have already been formed.

Prices will then lower to the level of 146.54. This is where the primary wave Ⓨ will be at 100% of wave Ⓦ.

Finally, after the cycle correction comes to an end, cycle wave c will rise above the maximum of 183.59.

Leave A Reply

Your email address will not be published.