🍏 Apple (AAPL): unfolding the bullish triangle

2 jul 2023

●● Preferred count
● AAPL, 🕐TF: 2W

Fig.1

The wave count on the weekly interval has not changed. More than a year ago, we were waiting for the beginning of a sideways correction in wave ((iv)) of 3, and, as the analysis of younger time periods shows, it has begun.
__________________________
● AAPL, 🕐TF: 2D

Fig.2

At the moment, the triangle (a)-(b)-(c)-(d)-(e) is predicted as the most frequent pattern that appears in the position of the fourth wave of the impulse. Moreover, the alternation rule requires the appearance of a sideways correction.
__________________________
● AAPL, 🕐TF: 12h

Fig.3

At the end of the triangle, a long trading setup will open.
__________________________
__________________________
●● Alternative count
● AAPL, 🕐TF: 1W

Fig.4

Globally alternative markup does not require revision either. The only clarification is the following: development of the ending diagonal in the wave (5) of ③ is probable.
______________________________________________
📚 Elliott Wave Guide & Ellott Wave Archive ⬇️⬇️⬇️⬇️