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$AAPL / #Apple | 1H Trade Setup Update 🟢 Long Position: - Entry: 218.04 (0.618 Fibonacci Level)
$AAPL / #Apple | 1H Trade Setup Update
🟢 Long Position:
- Entry: 218.04 (0.618 Fibonacci Level)
- Stop Loss: 217.05
- Take Profit: 220.49
● Current Status: Apple (AAPL) is finding support at the Value Area High (VAH).
● Technical Indicators: Rising Momentum: Momentum is on the rise, indicating increasing bullish pressure. Falling Money Flow: Money flow is declining, suggesting caution is needed. Stochastic RSI: Bottoming, signaling the potential for an upward move.
● Outlook: This long trade targets a move towards 230.42. Keep an eye on sustained support at the VAH. The rising momentum and bottoming Stochastic RSI point to a potential reversal. However, the falling money flow warrants close monitoring. Look for further confirmation of upward movement before fully committing.
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