Eye On AAPL Ahead Of Earnings

AAPL reports earnings tonight after the close. My preferred pattern price path argues that AAPL's decline from its ATH at 182.88 (1/03/22) into the 154.70 low (1/24/22) remains an incomplete corrective downleg that projects into the 150 area to test the 200 DMA, now at 150.06. 

If such a scenario is in the cards for AAPL near term, then let's expect a short-lived upside headfake in reaction to earnings that fails at or below the 167-170 resistance zone, followed by a nosedive that presses AAPL towards a new corrective low in the vicinity of 150, amounting to an 18% correction off of the ATH.

Only a climb and close above 170 will invalidate my currently "corrective" technical setup... Last is 162.24