motleifaul

motleifaul

Once the trading range has been left it doesn't very matter that we retraced into it again. The downward channel has been confirmed by the break of the range and so we may see a test towards the lower border of the channel now.

motleifaul

Apple is well moving within the falling gann fann.

motleifaul

Well, we have a bearish divergence in the RSI. But we managed to retrace ito the pitchfork. So I suppose that we can test at least the falling trendline again if not even the rising green fork line.

motleifaul

Apple is close to the falling trendline, the former but broken rising trendline and the last falling gann fan line. I see a chance that the Apple will fall down due to Newton.

motleifaul

I think that we will finally test the 50 % retracement again before it will go up. The upper line of the pitchfork has not been reached. That means for me that a test of the middle tooth is prevailing.

motleifaul

As the rate failed to reach the January high it is supposed to correct 50 %. Tis would also be the middle tooth of the pitch fork.

motleifaul

Looks like 1.2481.

motleifaul

Downward waving flag is a trend confirming formation.

motleifaul

This combines Gann fan and Schiff Pitchfork. May be we found the bottom now and arise to about 1,25 now.

motleifaul

Rate broke out of the channel, tested the upper pitch of the fork and the pivot point as well and should now go to resume the downtrend. Target cn be around 1.1860.

motleifaul

Nokia has taken speed towards a downward correction(50 % ?)

motleifaul

Lokk at the volume spike yesterday! I suppose that we will see a fine rally if we broke the 18.05 to the upside.

motleifaul

The rate could go down as far as to 95.45. This is the 50 % retracement from 90.00 and a former top of May, 10th.

motleifaul

In an overall beginning downmove we may see an intermediate correction until 1,8720

motleifaul

This is not the question. We are in a sidewards range to continue. Rate could form a baerish Bat after reaching point D. And as we are in a sidewards range we should go long first. But not yet. It takes some buy signal first.