Buy GBPUSD Channel BreakoutGBP/USD - H4 Chart - Channel Breakout Pattern
take buy entry after bullish candle Formation .
Always wait for strong Conformation in Short term for entry. 👈👈👈
If you found my post helpful or informative, could you please leave a comment 💬🖌 and hitting that like button💚💚
“Markets are never wrong, but opinions often are.”-Jesse Livermore
Good Luck💛💛
Channeltrend
Buy EURUSD H4 Channel FormationEUR/USD - H4 Chart - Channel Pattern Formation
Price Need to break the channel and after retest of Channel only we take buy entry.
if we found pullback in top of Channel, again form bearish mode..
Always wait for strong Conformation in Short term for entry. 👈👈👈
If you found my post helpful or informative, could you please leave a comment 💬🖌 and hitting that like button💚💚
“Markets are never wrong, but opinions often are.”-Jesse Livermore
Good Luck💛💛
LVMH (MC) -> Buy The Stock Right Herey name is Philip, I am a German swing-trader with 4+ years of trading experience and I only trade stocks , crypto , options and indices 🖥️
I only focus on the higher timeframes because this allows me to massively capitaliz e on the major market swings and cycles without getting caught up in the short term noise.
This is how you build real long term wealth!
In today's anaylsis I want to take a look at the bigger picture on LVMH.
For the past 7 years LVMH stock has been trading in a decent rising channel and just recently retested and rejected the upper resistance trendline at the psychological 900€ level.
Also considering that this is a simple break and retest of the previous all time high from January I am just waiting for bullish confirmation before I think that another push higher will occur.
- - - - - - - - - - - - - - - - - - - -
I know that this is a quite simple trading approach but over the past 4 years I've realized that simplicity and consistency are much more important than any trading strategy.
Keep the long term vision🫡
TSLA bearish indicator divergence, bullish channelTesla continues to trade in a bullish channel. There is a bearish divergence on the stochastic compared to the uptrend in price, however it could just be cooling off for another bullish run up the channel. HMA bearish crossover.
Waiting to see how price reacts at bottom of channel.
#NZDCHF short term buying opportunityprice forming Higher highs and Higher lows in bullish channel and currently testing channel return line which also coincide with 4H time frame #demand area.
Also we have reverse bullish divergence and 30 minutes EMA acting as a Support just below the price.
All together gives confluences for this short term bullish idea
#GBPAUD Short term selling opportunityAlthough in long-term view price is in bullish Daily and weekly move, but in short term price managed to form bearish market structure ( I mean 4H and 1H timeframe ) so its possible to look for selling opportunities but with extra cautious.
As we can see in the chart we have valid 4H bearish channel, price recently broke below supportive area which hold price higher for 3 time and now can act as a resistance, price also below 4H EMA and seems like going to test it again, price also around our channel middle line which can also act as resistance.
Parallel channel tight squeeze. BTCLong story short without going into to much detail.
BTC is currently trapped between 2 important parallel channel (blue hand drawn circle). confirmation of breakout in either direction is likely to mean volatility .
Breaking out of the top of the green channel likely mean bullish movements shortter.
Breaking down out of the white channel likely means bearish shortterm.
These channels have been valid S and R for over a year
Apple (AAPL) -> The Company Of The FutureMy name is Philip, I am a German swing-trader with 4+ years of trading experience and I only trade stocks , crypto , options and indices 🖥️
I only focus on the higher timeframes because this allows me to massively capitalize on the major market swings and cycles without getting caught up in the short term noise.
This is how you build real long term wealth!
In today's anaylsis I want to take a look at the bigger picture on Apple.
Since the beginning of 2019 Apple stock has been trading in a solid rising channel and just recently rejected the support area at the $130 level.
Apple also perfectly broke above its previous all time high and is coming back for a retest after which I do expect another bullish rally to retest the channel resistance.
- - - - - - - - - - - - - - - - - - - -
I know that this is a quite simple trading approach but over the past 4 years I've realized that simplicity and consistency are much more important than any trading strategy.
Keep the long term vision🫡
Nasdaq -> What's Happening Here?Hello Traders and Investors ,
my name is Philip and today I will provide a free and educational multi-timeframe technical analysis of the Nasdaq 💪
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.
Just two weeks ago the Nasdaq perfectly retested the 0.382 fibonacci retracement level and created a quite strong rejection towards the upside.
Looking at the daily timeframe you can see that Nas100 is currently retesting the neckline of the double top of July of 2023 and if Nas100 actually breaks above this structure zone, I do expect new highs going into 2024.
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:
NIFTY INTRADAY LEVELS FOR 30/08/2023BUY ABOVE - 19370
SL - 19320
TARGETS - 19440,19470,19520
SELL BELOW - 19320
SL - 19370
TARGETS - 19230,19140,19070
Previous Day High - 19378
Previous Day Low - 19310
I am sharing NIFTY levels this levels acts as important support & resistance for intraday. if you want to trade with this levels wait for 15 min Candle closing above that levels. You can trade with breakout and reversal both.
In this channel, I share my expertise in trading strategies, technical analysis, and market trends to help you make informed decisions in your trading ventures.
Stay tuned for daily updates, in-depth market analyses, and real-time trading scenarios to witness firsthand how we transform from Zero to Hero in the trading world. My Only aim is to empower you with the knowledge and skills necessary to navigate the complexities of the financial markets successfully.
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
EURUSD will higher moveThs is my psychological view about eurusd .it has already printed double bottom in the 1H time frame but ,due to the weekly close of the market may be reduced the strength of the doble bottom .so to breakout this bearish channel EURUSD has to form a new patter like head and should to make a bullish reversal .so i am expecting a bullish bias for the next week on the EURUSD
HZN ASX Price action has been adhering to the uptrend channel for a while. Tested res @ 0.165 several times and a base forming on the 0.150 support with the 200 day EMA coming in.
Might look for a slight retrace and see whether this candle closes above the 10 day EMA. Has respected most of the uptrend with solid support & resistance points interacting with the 200 day EMA.
Watching:
28/8/23
0.160
Happy Holiday And A Long Term Vision🎉Hello Traders and Investors ,
my name is Philip and I am on vacation for the next 4 days until Wednesday evening.
I won't post any analysis until then but here is a long term outlook on Bitcoin💰💰
Everything looks still very bullish despite the recent drop so keep your long term vision and I will certainly buy the dip.
Will be back on Wednesday!
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 your support and I will see you on Wednesday!
My previous analysis of this asset: