analysisgoing over wins on trades that were analyzed in yesterdays video
AUDCAD WIN
USDCHF profit
USDCAD WIN
EURCHF profit
Fibonacci
NASDAQ Elliott Wave Analysis for Wednesday 16/08/2023We are reaching the areas from where we can go long again. We are looking to buy wave ((c)) and wave Y for more upside. There might even be a chance that waves ((c)) and Y are already completed.
DOW Elliott Wave Analysis for Wednesday 16/08/2023The short trade was successful. Now we are reaching the wave (c) and wave ((y)) areas. From here we can initiate a long trade.
FTSE Elliott Wave Analysis for Wednesday 16/08/2023The wave ((b)) of the abc correction might be finished. We are in the areas where wave c, wave (y), and wave ((b)) should end. From here we can expect a reversal.
DAX Elliott Wave Analysis for Wednesday 16/08/2023Still two scenarios in play. The bullish scenario (in green) shows an ending wave 2 down that will be followed by wave 3 up. The bearish scenario (in red) assumes more downside to finish wave C and a higher degree wave (4).
EURUSD Idea for the near futureI tried to explain this in text format and it came across complicated so I opted for a 'quick' video to talk you through my thoughts and expectations.
My analysis is pure speculation. Don't take anything I say as financial advice and if you place any risk on my ideas, it's your responsibility.
If you like my analysis, give me a like and it'll motivate me to create more video ideas.
Thanks for watching - Kram
Apple -> Correction Already Over?Hello Traders and Investors ,
my name is Philip and today I will provide a free and educational multi-timeframe technical analysis of Apple 💪
Starting on the monthly timeframe you can see that after Apple broke out of the clear triangle formation in confluence with the bullish moving averages, Apple created a strong rally of 30% towards the upside, breaking major resistance.
On the weekly timeframe you can see that Apple is already approching previous resistance which could be acting as support and after the retest of the 0.382 fibonacci retracement level we could see at least a short term bullish bounce.
But Apple stock is still creating bearish market structure so there is also a chance that Apple stock will just break below the current support level - If you are looking for longs though I would simply wait for a break aboce the bearish daily trendline and then enter a long position.
Keep in mind: Don't get caught up in short term moves and always look at the long term picture; building wealth is a marathon and not a quick sprint📈
Thank you for watching and I will see you tomorrow!
My previous analysis of this asset:
NASDAQ Elliott Wave Analysis for Tuesday 15/08/2023We are reaching the areas from where we can go long again. We are looking to buy wave ((c)) and wave Y for more upside. There might even be a chance that waves ((c)) and Y are already completed.
DOW Elliott Wave Analysis for Tuesday 15/08/2023If the double correction plays out, it is a nice buying opportunity. We believe a long trade can be initiated from the wave (c) and wave ((y)) area.
FTSE Elliott Wave Analysis for Tuesday 15/08/2023More downside is expected as an abc correction to finish wave c, wave (y) and ((b)). From there we go long again.
DAX Elliott Wave Analysis for Tuesday 15/08/2023Still two scenarios in play. The bullish scenario (in green) shows an ending wave 2 down that will be followed by a wave 3 up. The bearish scenario (in red) assumes more downside to finish a wave C and a higher degree wave (4).
USDCAD& EURCHFtrade ideas and full analysis with confirmations of 2 trades im currently in
USDCAD BUY
EURCHF SELL
AUDCAD& USDCHFtrade ideas and full analysis with confirmations of 2 trades im currently in
AUDCAD SELL
USDCHF BUY
NASDAQ Elliott Wave Analysis for Monday 14/08/2023We are reaching the areas from where we can go long again. We are looking to buy wave ((c)) and wave Y for more upside. There might even be a chance that waves ((c)) and Y are already completed.
DOW Elliott Wave Analysis for Monday 14/08/2023If the double correction plays out, it is a nice buying opportunity. We believe a long trade can be initiated from the wave ((y)) area.
FTSE Elliott Wave Analysis for Monday 14/08/2023More downside is expected as an abc correction to finish wave (y) and ((b)). From there we go long again. However, if the current wave (x) high does not hold, another short can be initiated.
DAX Elliott Wave Analysis for Monday 14/08/2023Still two scenarios in play. The bullish scenario (in green) shows an ending wave 2 down that will be followed by a wave 3 up. The bearish scenario (in red) assumes more downside to finish a wave C and a higher degree wave (4).
Nasdaq -> -20% Massive Drop Ahead!Hello Traders and Investors ,
my name is Philip and today I will provide a free and educational multi-timeframe technical analysis of Nas100 💪
Looking at the macro view on the monthly timframe you can see that at the moment the Nasdaq is retesting massive resistance of the 10+ years rising channel formation so I do expect a monthly push lower.
With the recent strong rally on the Nasdaq it is quite likely that we will see at least a retest of the 0.382 weekly fibonacci retracement level which is then maybe acting as a first strong support area.
My last analysis on the Nasdaq perfectly played out with the Nasdaq breaking below the daily bullish trendline and creating a double top in the process - therefore everything is currently looking quite bearish and I do expect more daily downside.
Keep in mind: Don't get caught up in short term moves and always look at the long term picture; building wealth is a marathon and not a quick sprint📈
Thank you for watching and I will see you tomorrow!
My previous analysis of this asset:
NASDAQ Elliott Wave Analysis Higher Timeframe (12/08/2023)In the higher timeframe, it looks like we are doing a wave (4) down which should be followed by a wave (5) up. However, there is a potential trap in which we might see way more downside as the wave II correction can still be ongoing.
DOW Elliott Wave Analysis Higher Timeframe (12/08/2023)In the higher timeframe, we are expecting more upside to finish a wave (3). However, there is a chance that we are still doing the higher degree wave II correction.
FTSE Elliott Wave Analysis Higher Timeframe (12/08/2023)In the higher timeframe, we are still bearish but currently doing a correction to the upside. For traders, a good short opportunity is coming. Investors should wait for the next pullback to buy again.
DAX Elliott Wave Analysis Higher Timeframe (12/08/2023)In the higher timeframe, we expect a bit more upside as a wave (5) to finish the higher level wave ((1)). This wave ((1)) should be followed by a wave ((2)) to the downside which is an interesting buying opportunity for investors.
Trading week recap for NASDAQ, DOW, DAX & FTSE (12/08/2023)Let's look back at the past trading week and learn from it. What went well? What could be better?
