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.
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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🫡
Alltimehigh
skm egg LONG 415 ZONE another stock with rising revenues and rising profits
stocks retraced quite a bit off all tiem highs and moving into ASM
Might be a while before stock really starts moving due to this factor , entering on fib retracements and support , can add at 395 , sl closing below 345 ill be gone
Dow Jones (DJI) -> Back To The TrendlineMy 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 Dow Jones.
At the moment the Dow Jones is retesting its previous all time high which is roughly at the $35.500 level and the index is already starting another bearish rejection.
If we see a retracement back to the lower bullish trendline of the rising channel which is sitting at the $30.000 level, this will be a textbook bullish continuation setup on the Dow Jones.
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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🫡
Dogecoin (DOGE) -> Don't Miss OutMy 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 Dogecoin.
Since May of 2021 Dogecoin has been declining quite significantly and dropped from $0.7 to $0.07 which is more than a 90% correction from the highs.
However Dogecoin is also forming a bullish continuation triangle and after a breakout I think that we will see another bullish pump on Dogecoin with new all time highs in the process.
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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🫡
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.
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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🫡
All time hight • Value in the chart is similar to Mount Everest in series. • Left shoulder start building from July 2021 to September 2021. • Left shoulder High 2300-2370 life time. • Header and shoulder pattern breakout in the dalmiabharth chart. This level, which peaked in July 2021 and acts as resistance, descends to the 1840 level (50 SMA Weakly chart).
Right shoulder encounters resistance between 2280 and 2300, with a downward (100sma) support level of 1860–1870. Header formation from 2300 level to 1200–1220 (200sma) level was accomplished over a two-year period.
Today's stock closed above this level, confirming that the stock has broken out at the 2290-2300 level and that it has sustained all-time high levels.
• This pattern's target is 3300, with a stop loss of 2190 points below this level as the baseline.
No recommendation for buy and sell
Take your own analysis
Meta Platforms (META) -> Mega MegaphoneMy 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 Meta.
You can see that since the beginning of 2017 Meta stock - also known as Facebook - has been trading in a quite nice and obvious reverse triangle or "megaphone" pattern.
Overall I do expect another retest of the upper resistance trendline roughly at $600 but we could certainly see some correction before the next impulse higher.
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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🫡
Adv. Micro Dev. (AMD) -> Breakout TimeMy 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 Advanced Micro Devices.
Just 9 months ago - after a quite harsh drop of more than 60% - Advanced Micro Devices perfectly retested the 0.786 fibonacci retracement level and reversed towards the upside.
With the overall trend still being massively bullish I am now waiting for and expecting a bullish breakout of the current flag pattern with my upside target being the previous all time high.
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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:
Google -> Trading The Major Swings...Hello Traders and Investors ,
my name is Philip and today I will provide a free and educational multi-timeframe technical analysis of Google 💪
Just a couple of months ago Google stock perfectly retested a major monthly bullish trendline and in confluence with a retest of the 0.618 fibonacci level we already had a major rally of more than 50% towards the upside.
If you are looking at the weekly timeframe you can also see that Google stock just broke above and retested the strong psychological $125 level and everything is looking massively bullish.
Finally I am now just waiting for another retest of the daily $132 level and after some bullish rejection everything is pointing towards more bullish upside.
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:
Nvidia -> 100% New All Time Highs!Hello Traders and Investors ,
my name is Philip and today I will provide a free and educational multi-timeframe technical analysis of Nvidia 💪
A couple of months ago Nvidia perfectly retested the lower support trendline of the major monthly rising channel and the next resistance towards the upside is roughly at the $750level.
You can see that Nvidia still looks a little bit overextended on the weekly timeframe but therefore I do expect the bullish momentum to continue for the next couple of weeks.
With the recent break and retest of the $470 daily structure zone, market structure on Nvidia is now back to bullish and it will just be a matter of days until Nvidia creates a new all time high.
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:
Apple -> Now Getting Long!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 considering that this level is the previous all time high I certianly do expect at least a short term bullish rejection.
However on the daily timeframe everything is still looking quite bearish - therefore I am waiting for a break and retest of the $183 daily structure level before the daily timeframe is also ready for more bullish upside.
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:
Gold -> Missing The All Time High ChanceHello Traders and Investors ,
my name is Philip and today I will provide a free and educational multi-timeframe technical analysis of Gold 💪
Looking at the overall picture you can see that Gold retested the previous all time high which was roughly at the $2060 level and from there just once again rejected towards the downside.
With this week's candle it also seems like Gold is breaking a major previous weekly structure level towards the downside so there I as higher chance that we will now see more bearish pressure on Gold.
And over the past couple of days there was a quite harsh sellof on Gold without any bullish rejection so there was no bullish setup as I was expecting - I didn't enter any long position and I am just waiting for new structure on Gold before I will look for new potential setups.
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 -> Please Look At The Odds!Hello Traders and Investors ,
my name is Philip and today I will provide a free and educational multi-timeframe technical analysis of Nas100 💪
After the Nasdaq perfectly retested the monthly 0.618 fibonacci retracement, previous monthly support and also broke above a clear bearish trendline, we had a solid rally of roughly 20%.
With the Nasdaq now retesting the next weekly resistance at the $15570 level I do expect a short term rejection again away from the resistance but then eventually the creation of new all time highs on the technology index.
Looking at the obvious rising channel on the daily timeframe you can see that on Friday the Nasdaq once again rejected support and there is in my opinion currently a 50% chance that we will still see a major correction but objectively looking at the index there is no sign of weakness yet.
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:
The MA 20, The RSI, and Another Bull RunWelcome back to my new long-term analysis. After we called the exact bottom in our last analysis, I am now showing what might happen next with the BTC price.
Today, we are looking at the monthly BTC/USD Chart.
With every BTC halving (dashed vertical lines) the chart is above the orange line, the monthly MA20 . The monthly MA20 decides whether the overall sentiment can be seen as bearish or bullish. A break above the MA20 after a successful crossing of the RSI (purple line in the RSI chart) and the MA7 of the RSI (yellow line in the RSI chart), sets the start of a new bull run as seen in 2019 and 2015. I’ve marked these important points with green circles . For visibility reasons, I left out the example from 2015, but you can easily recreate and see that it applies to that year as well. Whenever the chart is above the MA20, it doesn’t fall below it again until the beginning of the next bear cycle (the Covid-Crash remains an exception, as always).
So, the logical summary to determine a new bull run is the following:
Initial position: Chart has bottomed out (see my last analysis to find out how to detect the BTC bottoms) but is still below the MA20.
Step 1. RSI crosses the MA7 RSI to the upside.
Step 2. Chart crosses the MA20 to the upside.
Et voilà, we found the new beginning of the next bull run.
But where do we close our long positions?
Again, with the help of the RSI crossing the MA7 RSI we can also determine not the exact cycle top, but a precise area where we should close our long positions. When the RSI is in the oversold area (RSI above 80) and also crosses the MA7 RSI, but this time to the downside, we can consider the bull run over. I’ve marked these important points with red circles .
And, what’ next?
I did a little forecast to show what I think the future price movement for BTC can look like. We are facing a small mini-bull-run up to ~45-50k (~Dec 2023). After that, the price gets rejected quite heavily and stays close to the MA20, but always remains above it, until BTC is ready to take off for the next bull run which I think, based on the past timings, is around December 2024. The bull run top can be reached within half a year and could bring the price up to 170k, if not even more.
Tesla -> Bullish Or Bearish?Hello Traders and Investors ,
my name is Philip and today I will provide a free and educational multi-timeframe technical analysis of Tesla 💪
After Tesla stock retested the last strong support zone for bulls, the 0.786 fibonacci level at the $100 level, the recent pump over the past couple of months of more than 100% was no surprise at all.
Weekly market structure on Telsa is currently a little bit overextended so we could certainly see a retest of the 0.382 fibonacci retracement level which is sitting roughly at $245.
With the recent drop on Tesla after earnings we could certianly see some more bearish pressure and I would love to see a retest of the previous daily support at $245 and then from there I eventually do expect the creation of a new all time high.
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:
Dow Jones -> Fighting The Little Brother NasdaqHello Traders and Investors ,
my name is Philip and today I will provide a free and educational multi-timeframe technical analysis of DowJones 💪
With the recent retest of a previous monthly resistance level, now turned support, and in confluence with a retest of the 0.382 fibonacci level the Dow Jones started a new bullrun which will certainly continue going into 2024.
On the weekly timeframe the Dow Jones just broke above a major previous weekly bearish trendline and since then created a solid +5% rally and with the recent bullish momentum I simply do expect the creation of a new all time high soon.
I have also been bullish on the daily timeframe on the Dow Jones for quite some time and so far everything payed off nicely - I am still waiting for a drop though to then scale into more buys on the Dow Jones to perfectly ride the next bullish wave.
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:
Bajaj finserv Bajaj finserv forming a triangle pattern I have spotted it bit earlier I don't know whether it will give a breakout or not but following a smart money concept and strategy risky swing traders can start accumulation of Bajaj finserv CMP 1618 looks like a bullish candle on monthly will close 12 day more for a bullish candle closing
Just a view only
Only for educational purposes
Ask your financial advisor before buying
Gold -> Please Listen To Me NowHello Traders and Investors ,
my name is Philip and today I will provide a free and educational multi-timeframe technical analysis of Gold 💪
Gold retested the monthly 50% fibonacci retracement level of the last major monthly impulse and is now in confluence with bullish moving averages heading for new all time highs.
Weekly market structure is very clear with Gold retesting the 0.618 fibonacci + previous structure now acting as support + the support of the parallel channel so I simply do expect more weekly bullish movement.
Daily structure is also now back to bullish; there is a chance that we will see a short term daily correction away from the current structure zone but overall I then do expect a break and a move back to the previous highs at the $2060 level.
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 -> New All Time Highs Before 2024Hello Traders and Investors ,
my name is Philip and today I will provide a free and educational multi-timeframe technical analysis of Nas100 💪
After the Nasdaq perfectly retested the monthly 0.618 fibonacci retracement, previous monthly support and also broke above a clear bearish trendline, we had a solid rally of roughly 20%.
With the Nasdaq now retesting the next weekly resistance at the $15570 level I do expect a short term rejection again away from the resistance and considering the overextended weekly timeframe, this scenario becomes even more likely.
The daily timeframe however is still super bullish - the Nasdaq just broke out of an ascending triangle formation so I will definitely need some shift back to a bearish market before I then do expect a short term daily drop.
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:
NQ Power Range Report with FIB Ext - 7/14/2023 SessionCME_MINI:NQU2023
- PR High: 15715.50
- PR Low: 15697.50
- NZ Spread: 40.0
NO SIGNIFICANT EVENTS
Breaking back into balance zone from Dec 2021
- Balance zone for NQ ATH, 15690.25 ~> 16656.50
- Opened Friday session holding NZ range
- Inside prev session high leading into London hours
Evening Stats (As of 12:35 AM)
- Weekend Gap: N/A
- Session Open ATR: 213.66
- Volume: 26K
- Open Int: 250K
- Trend Grade: Neutral
- From ATH: -6.5% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 15533
- Mid: 15247
- Short: 14675
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
L&T breakout toward all-time-high zoneThe price of the stock L&T (NSE: LT) is has broken out toward all time highs (ATH) on the day time scale. The price retraced toward previous high of 2420 and has exhibited a continuation.
Bulls are strong in the ATH zone and buying the breakout is the most logical thing toward risk management level of 2420.
Long-term target would be 2.618 Fibonacci extension of 3120.