Bitcoin - Triangle BreakoutHello Traders, welcome to today's analysis of Bitcoin.
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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. But first I am waiting for a retest of the level mentioned in the analysis to then add to my long positions.
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I will only take a trade if all the rules of my strategy are satisfied.
Let me know in the comment section below if you have any questions.
Keep your long term vision.
Triangle
Amazon - Break And RetestHello Traders, welcome to today's analysis of Amazon.
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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 Amazon just rallied 100%, I am now just waiting for a retest of the structure mentioned in the analysis.
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I will only take a trade if all the rules of my strategy are satisfied.
Let me know in the comment section below if you have any questions.
Keep your long term vision.
Bitcoin - Target 1.1 Million DollarsHello Traders, welcome to today's analysis of Bitcoin.
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Explanation of my video analysis:
After the simple break and retest of Bitcoin in January of 2023 we saw a beautiful reversal and already a pump of more than +250% towards the upside. Bitcoin has also been creating a massive ascending triangle formation and if we measure the potential price target of the triangle, also mentioned in the analysis, Bitcoin can reach 1.1 Million Dollars.
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I will only take a trade if all the rules of my strategy are satisfied.
Let me know in the comment section below if you have any questions.
Keep your long term vision.
Trend Reversal Trade On Japanese Yen4 hour downtrend is extended and reaching the 8th wave.
1 hour chart is still showing a downtrend but price is trying to break above the 50 SMA.
We saw a full trend reversal on the 15 and 5 minute trend with a clear break of structure.
I took an aggressive entry and have a target set at 2:1
Tata Consumer Products - Double bottomTata Consumer Products has created a double bottom pattern on a weekly timeframe and given a decent breakout on a daily timeframe, making it an ideal buy candidate.
Being an FMCG sector stock in India, which has an ever increasing population, also a very young population, makes FMCG stocks a very safe bet for a few years.
Add a decent setup from a technical perspective and its a no brainer to accumulate on dips.
That said, please do keep an exit strategy in mind, no matter how safe a stock is. My strategy would be using a 50EMA as a trailing stoploss.
For those who do not know what a stop loss is, its basically a rule that a trader follows where in, when price goes below a particular zone/trendline/moving average, etc, they would sell it, no matter what.
Microsoft - It's That SimpleHello Traders, welcome to today's analysis of Microsoft.
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Explanation of my video analysis:
In 2019 Microsoft stock started creating a major bullish trendline which was tested again in 2020 and also the beginning of 2023. Furthermore Microsoft also broke out of a massive ascending triangle formation and is now just looking extremely bullish. If Microsoft retest the previous breakout area mentioned in the analysis, we will be looking for long continuation setups.
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I will only take a trade if all the rules of my strategy are satisfied.
Let me know in the comment section below if you have any questions.
Keep your long term vision.
IBM - The Forgotten StockHello Traders, welcome to today's analysis of International Business Machines.
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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 bullish market. I am now waiting for a retest of the breakout level mentioned in the analysis to then look for long continuation setups.
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I will only take a trade if all the rules of my strategy are satisfied.
Let me know in the comment section below if you have any questions.
Keep your long term vision.
XRP - 20.000% RallyHello Traders, welcome to today's analysis of XRP.
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Explanation of my video analysis:
After XRP has been trading in a triangle formation for over four years, we saw an expected breakout in 2017 followed by a rally of +25.000%. Exactly five years ago XRP then started forming a similar triangle (continuation) pattern and if we see a breakout towards the upside and a break above the resistance mentioned in the analysis, we could maybe see a similar rally.
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I will only take a trade if all the rules of my strategy are satisfied.
Let me know in the comment section below if you have any questions.
Keep your long term vision.
Tesla - Is It A FakeoutHello Traders, welcome to today's analysis of Tesla.
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Explanation of my video analysis:
After Tesla broke out of a long term triangle formation in 2019 we saw a pump of +1.500% towards the upside. Tesla is currently once again forming a (bullish) triangle pattern but broke short term support towards the downside. If we see a retest of the bottom of the triangle which I mentioned in the analysis, I am looking for longs to capitalize on a potential bullish rejection.
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I will only take a trade if all the rules of my strategy are satisfied.
Let me know in the comment section below if you have any questions.
Keep your long term vision.
Gold - Prepare For The BreakoutHello Traders, welcome to today's analysis of Gold.
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Explanation of my video analysis:
In 2007 Gold started creating a major bullish trendline and just recently retested in in September of 2022. Furthermore Gold has been trying to break above the $2060 resistance area for quite some time now. Eventually I do expect a breakout but we could see another rejection down to the trendline mentioned in the analysis where I will be looking for more long setups.
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I will only take a trade if all the rules of my strategy are satisfied.
Let me know in the comment section below if you have any questions.
Keep your long term vision.
Amazon - The New SetupHello Traders, welcome to today's analysis of Amazon.
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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 Amazon now provides a retest of the support mentioned in the analysis, I am looking for more long setups.
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I will only take a trade if all the rules of my strategy are satisfied.
Let me know in the comment section below if you have any questions.
Keep your long term vision.
Berkshire Hathaway - BreakoutHello Traders, welcome to today's analysis of Berkshire Hathaway.
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Explanation of my video analysis:
In 2013 Berkshire stock broke above a key resistance area which was acting as resistance for multple years. This breakout was followed by a +300% pump towards the upside. Last month Berkshire stock then also broke out of a long term triangle formation. If we get a retest back to the previous resistance mentioned in the analysis, I will be looking for long-continuation setups.
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I will only take a trade if all the rules of my strategy are satisfied.
Let me know in the comment section below if you have any questions.
Keep your long term vision.
Alphabet - Wait For The RetestHello Traders, welcome to today's analysis of Alphabet.
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Explanation of my video analysis:
Back in 2012 Alphabet created a beautiful triangle formation and after we saw the breakout Alphabet pumped more than +750% towards the upside. At the moment Alphabet is creating a solid resistance area at the $150 level. If we get a retest of the bullish trendline which I mentioned in the analysis, I am looking for longs and eventually new all time highs.
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I will only take a trade if all the rules of my strategy are satisfied.
Let me know in the comment section below if you have any questions.
Keep your long term vision.
Pfizer - Watch The SupportHello Traders, welcome to today's analysis of Pfizer.
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Explanation of my video analysis:
All the way back in 2012 Pfizer created a massively bullish triangle reversal pattern at the $17.00 level. This was followed by a +200% rally. Since 2022 Pfizer has been dropping significantly and is now retesting the support level which I mentioned in the analysis. If we see bullish conformation on the smaller timeframes, this might be an interesting long trading setup.
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I will only take a trade if all the rules of my strategy are satisfied.
Let me know in the comment section below if you have any questions.
Keep your long term vision.
AMD - All Time HighHello Traders, welcome to today's analysis of AMD.
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Explanation of my video analysis:
In 2016 AMD broke out of a long term triangle reversal pattern. This breakout was then followed by a pump of +5.000%. After the 2022 pullback of 70%, perfectly retesting previous structure, we are not certainly back to a bullish market on AMD. If we see a retracement back to the structure mentioned in the analysis, I am certainly looking for more long setups on AMD.
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I will only take a trade if all the rules of my strategy are satisfied.
Let me know in the comment section below if you have any questions.
Keep your long term vision.
Tesla - Make It Or Break ItHello Traders, welcome to today's analysis of Tesla.
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Explanation of my video analysis:
In 2020 we saw a major triangle breakout on Tesla which was followed by an incredible pump of +1.500%. Since 2021 Tesla has been again trading in a triangle pattern with support at the $120 level and at the $200 level. If Tesla breaks above the trendline mentioned in the analysis, I am looking for long setups. But Tesla could still also break below the $200 support area.
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I will only take a trade if all the rules of my strategy are satisfied.
Let me know in the comment section below if you have any questions.
Keep your long term vision.
Alphabet - Watch The All Time HighHello Traders, welcome to today's analysis of Alphabet.
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Explanation of my video analysis:
In 2011 Alphabet stock broke out of a beautiful triangle continuation pattern and created a rally of more than +800%. This pump was followed by a retracement all the way back to the support trendline of 2011. Alphabet is currently creating a triangle formation and if we see a pullback to the uptrendline which I mentioned in the video analysis, I am looking for potential long setups.
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I will only take a trade if all the rules of my strategy are satisfied.
Let me know in the comment section below if you have any questions.
Keep your long term vision.
Microsoft - Triangle BreakoutHello Traders, welcome to today's analysis of Microsoft.
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Explanation of my video analysis:
All the way back in 2014 Microsoft stock perfectly broke above a major resistance area at the $35 level and entered a +1.000% bullmarket. Over the past three years Microsoft has been trading within an ascending triangle and recently broke out towards the upside. If we see a retest of the breakout level mentioned in the analysis, I am looking for bullish trading setups.
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I will only take a trade if all the rules of my strategy are satisfied.
Let me know in the comment section below if you have any questions.
Keep your long term vision.
Gold - Potential BreakoutHello Traders, welcome to today's analysis of Gold.
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Explanation of my video analysis:
With the beginning of 2013 Gold started to form a major higher timeframe rounding bottom formation. After the breakout in 2019 we then saw a bullrun followed by the current consolidation. Gold is now forming an ascending triangle which could lead to a massive breakout and I am waiting for a retest of the trendline mentioned in the analysis to add to my Gold longs.
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I will only take a trade if all the rules of my strategy are satisfied.
Let me know in the comment section below if you have any questions.
Keep your long term vision.
Tesla - Expecting The BreakoutHello Traders, welcome to today's analysis of Tesla.
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Explanation of my video analysis:
All the way back in 2019 Tesla broke out of a longer term falling triangle formation. This breakout was followed by a crazy pump of more than 1.500%. At the moment Tesla is once again forming a falling triangle formation and if Tesla breaks above the resistance trendline which I mentioned in my analysis, we could certainly see another crazy rally with new all time highs.
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I will only take a trade if all the rules of my strategy are satisfied.
Let me know in the comment section below if you have any questions.
Keep your long term vision.