AAPL Top-Down Analysis:June 2nd

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AAPL Top-Down Analysis:June 2ndApple Inc.NASDAQ:AAPLdavekclinton76In this Apple (AAPL) review, I walk through how I combine previous day levels, higher-timeframe analysis, Fibonacci retracements, and probability-based thinking to build a trade plan. The process begins by identifying the Previous Day High (PDH) and Previous Day Low (PDL), which often act as important liquidity levels during the trading session. From there, I use higher timeframes to establish context and determine the overall direction that price may be leaning. Once the broader picture is established, I apply Fibonacci retracement levels to identify potential pullback areas where price may offer a higher-probability entry. One of the most important concepts discussed in this review is removing emotion from charting by thinking in probabilities rather than predictions. Instead of saying price "will" reach a target, I focus on building a case through confluence and assigning probabilities to potential outcomes. For example, if multiple factors align, there may be a higher probability that price reaches a specific target level. Key topics covered: • Previous Day High (PDH) and Previous Day Low (PDL) • Higher-timeframe market context • Fibonacci retracement pullback zones • Building confluence through multiple factors • Using probabilities to reduce emotional decision-making The goal is not to predict price, but to create a structured framework that helps make more objective trading decisions.