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Alltimehigh

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:
OANDA:XAUUSDShort
by basictradingtv
35
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:
PEPPERSTONE:NAS100Long
by basictradingtv
41
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.
BITSTAMP:BTCUSD
by tradingflx
6
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:
NASDAQ:TSLALong
by basictradingtv
39
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:
DJ:DJILong
by basictradingtv
32
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:
OANDA:XAUUSDLong
by basictradingtv
46
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:
PEPPERSTONE:NAS100Short
by basictradingtv
33
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.
CME_MINI:NQU2023Long
by mv3trader5
1
Astral Ltd. Consolidating at All Time HighAstral Ltd (stock symbol: ASTRAL) initiated its rally on March 29, 2023, and has witnessed a remarkable return of approximately 52% as of today, June 29, 2023. Currently, the stock is consolidating at an all-time high and is poised to make a decisive move either upwards or downwards. The Relative Strength Index (RSI), which had previously indicated an oversold condition, has now cooled off. In the near future, there are two potential scenarios. Firstly, if Astral Ltd breaks above the level of 2023.75, it could lead to further gains and generate favorable returns. Alternatively, if the stock breaks below the level of 1926, it might experience a decline. The downside target in this case is projected to be 1735.45. It is important to note that these projections are subject to market fluctuations and should be carefully considered based on individual risk appetite and investment strategies.
NSE:ASTRAL
by JigarHathiyani
Apple -> Make It Or Break ItHello Traders, welcome to this free and educational multi-timeframe technical analysis . On the weekly timeframe you can see that Apple stock is still retesting the previous all-time-high which is roughly at the $185 area and which is still acting as resistance. You can also see that weekly market structure is still bullish, however Apple stock is a little bit overextended towards the upside after the recent 50% which was created over the past couple of weeks, so I do expect some short term rejection but then the longer term continuation towards the upside. On the daily timeframe you can see that Apple stock is again approaching the previous reversal area at the $185 level from which we already had a harsh rejection towards the downside, but Apple stock might also be able to create a new all-time-high, so I am now just waiting for a clear direction and then I will upload another analysis for you. Thank you for watching and I will see you tomorrow! You can also check out my previous analysis of this asset:
NASDAQ:AAPLLong
by basictradingtv
41
This watch-maker company's time has come!The company is an engineering firm engaged in the manufacturing of watch components, precision stamped components and progressive tools for various applications. • Business is spread across retail and manufacturing of watch components and precision- engineered tools Key Financials: • Total Revenue for latest quarter increased ~34% YoY • Net Profit for latest quarter increased by >67% YoY • TTM Net Profit margin remained stable at ~5% Red Flag Check: • Promoter holding in the company has increased by 1.1% and is at ~51% with insignificant pledging • Debt:Equity ratio is ~0.5 with ~5.5x interest coverage • Stock is not under any exchange surveillance lists Key Technicals: • Stock has broken out of short term consolidation zone with heavy volumes into all time high territory • Stock is steadily moving into higher price zones supported by volume • Stock is showing higher relative strength compared to benchmark index Disclaimer: This is for informational purposes only. It is not intended to be a solicitation or an offer to buy or sell any security or instrument or to participate in any particular trading strategy. The views and opinions expressed here are personal. The information contained here has been obtained from sources believed to be reliable but is not necessarily complete, and its accuracy cannot be guaranteed. I may have positions in the securities or instruments shared as ideas. Do your own research OR consult a financial advisor for personalized investment advice.
NSE:KDDLLong
by PratikThakkarCO
This auto components company is in the breakout zone!The company has over 6 decades of experience in auto components manufacturing • Business is diversified across Two Wheelers, PVs, CVs Off-Highway and Farm Equipments • Also supplies to Major EV OEM’s globally • Has diversified Product Portfolio – Gasket & Heat Shields, Forgings, Suspension Systems, Anti-vibration Products & Hoses Key Financials: • Total Revenue for latest quarter increased ~18% YoY • Net Profit for latest quarter increased by >34% YoY • TTM Net Profit margin increased from ~16% to ~17% Red Flag Check: • Promoter holding is decent at almost ~58% • Debt:Equity is good at about 0.27 with sufficient interest coverage of ~7x • Stock is not in any of the exchange surveillance lists Key Technicals: • Price is in a steady uptrend and has broken out of a cup and handle formation with heavy volumes • Strong relative strength compared to benchmark index • Price is nearing its all-time high zone Disclaimer: This is for informational purposes only. It is not intended to be a solicitation or an offer to buy or sell any security or instrument or to participate in any particular trading strategy. The views and opinions expressed here are personal. The information contained here has been obtained from sources believed to be reliable but is not necessarily complete, and its accuracy cannot be guaranteed. I may have positions in the securities or instruments shared as ideas. Do your own research OR consult a financial advisor for personalized investment advice.
NSE:TALBROAUTOLong
by PratikThakkarCO
This PPE and safety equipment manufacturer is nearing ATH!The company is one of the largest manufacturers and distributors of PPE products in India, with 90%+ orders coming from repeat customers, and provides the widest range of head-to-toe PPE products from helmets, eyewear, ear protection, face masks, safety garments, and gloves, to shoes, etc. • Company has posted highest ever turnover and PAT in latest quarter • Company is re-investing profits in fixed assets for future growth Key Financials: • Total Revenue for latest quarter increased ~9% YoY • Net Profit for latest quarter increased by >46% YoY • TTM Net Profit margin increased from ~8% to ~10% Red Flag Check: • Promoter holding is pretty high at almost ~75% • Debt:Equity is not a concern with decent interest coverage • Stock is not in any of the exchange surveillance lists Key Technicals: • Price is in a steady uptrend and looks to breach its listing week high • Strong relative strength compared to benchmark index • Price broke out of a small consolidation zone with heavy volumes Disclaimer: This is for informational purposes only. It is not intended to be a solicitation or an offer to buy or sell any security or instrument or to participate in any particular trading strategy. The views and opinions expressed here are personal. The information contained here has been obtained from sources believed to be reliable but is not necessarily complete, and its accuracy cannot be guaranteed. I may have positions in the securities or instruments shared as ideas. Do your own research OR consult a financial advisor for personalized investment advice.
NSE:MALLCOMLong
by PratikThakkarCO
Trade Setup for 22 May 2023This will be my trade setup for 22-May-2023 In Previous few sessions price is in consolidation between 800 Points. Missing ATH by 0.10 points :) Following will be trade setup for tomorrow : From Price action price is moving upwards and making HH and HL and with Resistance placed at ATH (44151.80) and making it a Ascending Triangle pattern respecting Rising Trendline. 1.) If opens flat and sustain opening price will look for buying CE for 1st Target of just Below ATH. 2.) If opens gap up near about ATH will look if price sustain if not then will look for PE Buy for take of 43850, 43730. 3.) If opens Gap Down near 1st support of 43900 levels and if respects support will look for CE Buy for target of ATH. and if price doesn't hold near support will look for PE Buy for target of Trendline support (43630). I will trade keeping above points in mind. This is not an Advise of any kind to trade based on above. views are bullish to neutral ( Consolidation ) to big move above ATH. :) Hit Like to keep me motivated for keeping my daily trade Journal :)
NSE:BANKNIFTY
by TradeInsights
is BTC on track ?you might wonder , now that we had some good bullish days , will it keep going ? well in long-term yes , i officially claim that bull market is over , BUT ; in Short-term , i still believe after such high volatile bearish market that almost took one year and half to finally finish , now bitcoin needs a lot of LIQUIDITY for the bull run we all expect . but how will it accumulate liquidity and where will it form ? Good question !! finally . let me explain . BUY side liquidities are price ranges (zones) that investors find price rather UNDERVALUED . so what they do in contrast is that they buy to keep for long-term . AND BELIEVE ME WHEN I SAY THIS :''BTC CAN ONLY GO HIGHER IF LONG-TERM INVESTORS START INVESTING IN IT " well also if miners would finally kindly stop selling their BTC . 😊😊 PLEASE ! so what happens is that market starts going lower and lower to give these investors the opportunity to participate . to rap it all up , in short-term i guess market will see prices bellow 25K . its a huge thing to say and there it is i said it . but this year we will go near or even above ATH of 69K .
CRYPTO:BTCUSDShort
by hamidking82