Technical Analysis Experiment

This is again a good timing to sell surfing the retracement to the lower part of the green channel.

EURUSD broke down the channel started in April 2107 with an head and shoulder, apparently it has already done the pullback on the green support (now resistance). What to say? Classical sell signal with stop inside the green channel. Only adverse signals are MACD and Stochastic in ipersold, but we are keeping the stoploss not far from the current price so it is ok to sell.

With the S&P500 we reached again the area near the top of the bullish channel. Last sell signal was a midtrend flag that lead the current mini trend to reach the top of the channel (current position).  In this position we should sell with stop over the channel if it breaks the channel with high volumes. It it breaks with small volumes it could be the last acceleration before getting down. It is probable that the price will drop to the mid-lower part of the channel in a single session, as it happened many times inside this channel. Update : nearly there:

AAPL is testing the upper resistance of the red channel. The volumes are low, it is more like that it will stay in the channel, but anyway: this is a time to sell with stop and reverse if the prices breakout the channel with strong volumes . In a situation like this, but with different volumes, look what BTC/USD did in a similar situation last week: