PnF on Apple, change the lens

I like to use PnF charts often just to ensure that I understand the perspective of those trading from them. In order to do that, it is important to change the lens within PnF as well.

For an example, let’s take a look at 2 charts showing how the chart changes when you change the Reversal Box #. First up is the normal 3 box Reversal PnF on $AAPL:

This looks like a nice DT B/O setup with a Bullish PO of 755. Looks great!

Now let’s see what a 4 box reversal looks like on $AAPL:

Oh man. That Low Pole Reversal on 11/20 was a KEY tell. The Bearish PO of 561.67 has already been met.

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