Stocks: _AAPL (Apple Inc.), short term outlook Apple Inc. has fell a little bit from it's temporary top of 119.70 level and making a spike, not even touching the 109.97 pivot level. This stock is situated in a upside bias, but I need confirmation to enter long on it. When the price will close a candlestick over the 116.40 level (the superior limit of the confirmation range, drawn as a violet rectangle), the long shots will have a better probability to resist and not take the S/L, which will be placed on the 109.97 pivot level, and the T/P will be...
Stocks: _Goog (Google Inc.), short term analysis Google Inc. stock just confirmed it's presence into the downside bias by closing under the 519.95 level (lower limit of the confirmation zone). The target for the trade will be the 484.47 level (which is the 127.2 Fibonacci extension of the 511 - 608.52 upside move).The stop loss will be place on the 567.31 pivot level. Remember that the black arrow doesn't represent any form of time span, structure or stepness of the future price; only is pinpointing the possible direction of the price, not a certainty....
Forex: EUR/GBP, short term analysis (open trade) Initially, the EUR/GBP currency pair has turned it's price into the downside bias by closing under the 0.7592 pivot level and afterwards has confirmed its bearish intention of breaking the level of 0.7441 (which is the lower limit of the mangenta confirmation rectangle). Having it's downside move confirmed, the initial target for this currency pair would be 0.72405 (the 127.2 Fibonacci extension of the downside move of 0.80045-0.74039)....
