Hello Traders, welcome to today's analysis of Bitcoin. -------- Explanation of my video analysis: After the quite expected break and retest on Bitcoin in December of 2022, Bitcoin started the next bullrun with a move of +350%. Furthermore Bitcoin is about to break out of a long term ascending triangle formation which could lead to seven-figure price targets....
Hello Traders, welcome to today's analysis of Amazon. -------- Explanation of my video analysis: In 2020 Amazon created a beautiful triangle breakout which was followed by a +75% rally and then a -50% correction. After the correction was over, Amazon perfectly retested a confluence of support and reversed aggressively towards the upside. Considering that...
Hello Traders, welcome to today's analysis of Nvidia. -------- Explanation of my video analysis: Starting in 2018 Nvidia stock has been trading in an obvious rising channel formation. We had the last retest in August of 2018 which was then followed by a +650% rally towards the upside. Considering that Nvidia is now approaching the upper resistance of the...
Hello Traders, welcome to today's analysis of Nasdaq. -------- Explanation of my video analysis: For more than 10 years the Nasdaq has been trading in an obvious rising channel formation and retested the lower support the last time in 2023. This retest was followed by an expected 65% pump. Considering that Nasdaq is now retesting resistance as mentioned in the...
OANDA:NZDCAD Weekly and Daily timeframes are bullish. Price on the daily made a pullback/retest to the Daily Area of Interest/ key support area @ around 0.82446. Entry is based on the bullish engulfing candlestick of the double bottom reversal pattern formed on the 4h @ 0.82446 daily key support
We broke-out of a downtrend and we have been trending up, we just broke a strong resistance and we should be waiting for a retracement back to the resistance which will now act as a support. We can buy when we get our confirmation candle at the support and we can target the nearest resistance as our take profit.
Hello Traders, welcome to today's analysis of Binance Coin. -------- Explanation of my video analysis: After the break and retest on Binance Coin back in 2020 we saw an insane rally of +10.000% towards the upside. Recently BNB then broke out of a longer term triangle continuation pattern and can now potentially create a similar rally. I am now just waiting for...
Hello Traders, welcome to today's analysis of Nasdaq. -------- Explanation of my video analysis: For more than 13 years the Nasdaq has been trading in a decent rising channel. In the beginning of 2023 we saw a beautiful retest of the lower support and perfect confirmation so the recent rally of +70% was quite expected. If the Nasdaq now pulls back to the...
Hello Traders, welcome to today's analysis of EurUsd. -------- Explanation of my video analysis: Starting in 2008 EurUsd has been trading in a descending channel for more than 15 years. At the moment EurUsd is retesting the upper resistance of the channel so a move lower is quite expected. Furthermore EurUsd is also retesting previous support which is after...
Hello Traders, welcome to today's analysis of Bitcoin. -------- Explanation of my video analysis: After Bitcoin created the previous cycle high in 2018 we saw a correction of more than -70%. This dip was the followed by a +2.000% rally and a perfect break and retest of the previous cycle high. If Bitcoin - after the recent rally - now retraces back to the...
Hello Traders, welcome to today's analysis of International Business Machines. -------- Explanation of my video analysis: All the way back in 2012 IBM created a major top formation by breaking below strong support at $180 and we saw a significant decline in stock price from there. After we then saw a reversal and a breakout in 2022, IBM is certainly back to a...
Hello Traders, welcome to today's analysis of Intel. -------- Explanation of my video analysis: In 2017 we had a major triangle breakout on Intel which was followed by a +70% rally. Then in 2022 Intel broke major support towards the downside and reversed perfectly at a major previous structure. Since Intel is now back to a bullish market, I am just waiting...
TIMING: Asia - After Equities Open LEVELS: 4H Break & Retest/Head & Shoulders SETUP/ENTRY: 15m B&R on Depletion BONUS: RSI, 2CT
FX:GBPUSD The weekly, daily and 4h are overall bearish, with price having retraced to the Daily key resistance area in confluence with the 50% Fibonacci retracement level. entry is based on the 1h bearish engulfing candlestick at daily resistance and also a break of bullish countertrend, retest and bearish engulfing candlestick structure on the 15 min and 30 min...
Hello Traders, welcome to today's analysis of Amazon. -------- Explanation of my video analysis: Starting in 2018 Amazon created a decent bullish triangle continuation pattern and after the breakout Amazon pumped more than +70% towards the upside. Then with the 2022 bear market we saw a quite harsh correction and a perfect retest of previous support. If...
FX:GBPCAD Break and retest below daily resistance in confluence with the 38,2 Fibonacci retracement level on an overall bearish structure on the daily, 4h and weekly
FX:EURJPY The weekly, daily are overall bullish; On the 1h price managed to break its bearish structure at the daily low pushing up and breaking above the 1h key support/resistance level and price making a retest as support the 1h key support/resistance area/zone. Entry is based on the 1h bullish engulfing candlestick at the 1h key support/resistance area/zone
Hello Traders, welcome to today's analysis of Bitcoin. -------- Explanation of my video analysis: In 2018 Bitcoin created the previous cycle high which was roughly at the $17.000 level. In November of 2020 Bitcoin then broke above the resistance, came back to retest and started its new bullish cycle. If Bitcoin will now retest the confluence of support...