AAPL Potential for Bearish Continuation| 14th September 2022

On H4, with the price breaking the ascending trendline and below ichimoku cloud , we have a bearish bias that the price may drop from the sell entry at 153.56, which is in line with the swing low and 50% fibonacci retracement to the take profit at 143.61, where the overlap support and 61.8% fibonacci retracement are. Alternatively, the price may rise to the stop loss at 166.37, which is in line with the swing highs and 50% fibonacci retracement .

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