Breakandretest
Apple - Go Long NowHello Traders, welcome to today's analysis of Apple.
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Explanation of my video analysis:
In 2019 Apple prefectly retested the previous all time high and started creating a solid rising channel formation. As we are speaking Apple stock is once again retesting the lower support of the channel which is perfectly lining up with previous resistance now turned support. If we see bullish confirmation on the smaller timeframes, I am looking for new long setups on Apple.
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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.
S&P 500 - Correction And ContinuationHello Traders, welcome to today's analysis of S&P 500.
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Explanation of my video analysis:
The S&P 500 has been trading inside of a rising channel formation for a very long time. We had the last retest of the lower support level about 6 months ago which was then followed by an expected rally of +25% towards the upside. If the S&P 500 now retests the previous breakout area which I mentioned in the analysis, there is a high chance that we will see a reversal there.
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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 - $3500 TargetHello Traders, welcome to today's analysis of Gold.
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Explanation of my video analysis:
In 2019 we saw a major breakout on Gold which was followed by a +50% rally towards the upside. Then Gold has been consolidating for roughly three years and just four months ago broke out of the flag formation. I am now waiting for a retest of the breakout area which I mentioned in the analysis and then there is a very high chance that Gold will start a new bullrun there.
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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.
Ethereum - Two ScenariosHello Traders, welcome to today's analysis of Ethereum.
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Explanation of my video analysis:
After the expected break and retest on Ethereum in 2022 we already saw a quite nice continuation towards the upside. Right now Ethereum is approaching the previous all time highs and there might be the possibility that we will see a short term retracement. On the other side though, Ethereum could just follow Bitcoin's price action and break above the previous 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.
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.
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.
Nvidia - $1000 And Then DropHello Traders, welcome to today's analysis of Nvidia.
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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 channel, I do expect a (short term) pullback to retest previous support and then more continuation from there.
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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.
Nasdaq - Now Is The TimeHello Traders, welcome to today's analysis of Nasdaq.
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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 analysis, I do expect a short term pullback to retest the next support level below current market price.
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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.
NZDCADOANDA: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
XAUUSD BUY SETUPWe 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.
Binance Coin - 10.000% RallyHello Traders, welcome to today's analysis of Binance Coin.
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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 a break and retest of the structure mentioned in the analysis and then I my first target is the previous all time high.
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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.
Nasdaq - What Will Happen NextHello Traders, welcome to today's analysis of Nasdaq.
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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 structure mentioned in the analysis, I am simply looking for bullish continuation setups from there.
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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.
EurUsd - Long Term ChannelHello Traders, welcome to today's analysis of EurUsd.
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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 the break towards the downside turned resistance so everything is pointing towards a next move lower.
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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 - Buy The RallyHello Traders, welcome to today's analysis of Bitcoin.
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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 important structure mentioned in the analysis, I am simply looking to add to my current long position.
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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.
Intel - Potential Trading SetupHello Traders, welcome to today's analysis of Intel.
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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 for a retest of the level mentioned in the analysis and then 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.
GBPUSD SELL IDEAFX: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 timeframes
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.
EURJPY BUY IDEAFX: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
Bitcoin - Important StructureHello Traders, welcome to today's analysis of Bitcoin.
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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 mentioned in the analysis, I will certainly be looking for more long setups to add to my current long position.
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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.