Intel - Clear StructureHello Traders, welcome to today's analysis of Intel.
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Explanation of my video analysis:
In 2022 Intel broke a massive previous support level at the $45 area towards the downside. This break was followed by a drop of roughly -50%. With a perfect retest of a very long term structure level, this recent pump on Intel was quite anticipated. If Intel pulls back to the previous support level mentioned in the 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.
Longtermtrading
Deutsche Bank Shares: Riding the Bull with a Diamond SparkleTechnical Analysis for Deutsche Bank Shares:
1. Bullish Diamond Fractal Formation:
Deutsche Bank shares are currently exhibiting a notable technical pattern known as a Bullish Diamond Fractal. This pattern suggests a potential reversal in the prevailing downtrend, indicating a shift in market sentiment in favor of the bulls.
2. Key Levels and Targets:
First Take Profit (TP): The analysis points to a conservative first take profit level at 15,500. This level is identified as a potential resistance where traders might consider taking profits.
Second Take Profit (TP): A more optimistic target is set at 23,010. This level represents an extended bullish move and could attract additional buying interest.
Stop Loss: To manage risk, a stop-loss order is recommended below the support level, around 9.809. This level acts as a safety net to limit potential losses in case the market moves against the anticipated bullish scenario.
3. Market Sentiment:
The analysis suggests an optimistic outlook for Deutsche Bank shares, supported by the Bullish Diamond Fractal pattern.
The expectation is that the upcoming Monday will be very bullish for this pair, indicating potential positive market sentiment and increased buying interest.
4. Related News:
According to a historic news article from CNN (dated October 25, 2023), Deutsche Bank shares have experienced a surge, leading to an increase in dividends. This positive development aligns with the technical analysis, providing fundamental support for the bullish outlook.
The increase in dividends can be interpreted as a sign of confidence in the company's financial health and performance.
Positive news like this can attract more investors, contributing to the bullish momentum identified in the technical analysis.
Conclusion:
The technical analysis, supported by the recent positive news, suggests a bullish stance on Deutsche Bank shares. Traders and investors should carefully monitor key levels, consider the recommended take profit and stop-loss levels, and stay informed about market developments to make well-informed decisions.
BNBUSDT Long (longterm posision)"I believe BNBUSDT is currently forming a triangle pattern, nearing its completion. The breakout is imminent. However, it's essential to consider the fundamental aspect as the fundamental performance of BNB is not favorable. Despite this, there is a promising long-term technical position, and I plan to trade it with approximately 2x or 3x leverage."
Follow me on X.COM --> cryptoboys2030
QNT ANALYSIS🔮 #QNT Analysis - Breakout Trading 💰💰
🌟🚀 #QNT was trading in a falling wedge pattern and here we can see that #QNT gave a great breakout in weekly chart pattern. We can expect a long rally in #QNT.💲💲
🔖 Current Price: $102.5
⏳️ Target Price: $150
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
🏷Remember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments.
#QNT #Cryptocurrency #Breakout #DYOR
Why Bitcoin won't drop from hereHello Traders and Investors,
My name is Philip and I am a German swing-trader with over 4 years of trading experience.
I only trade the higher timeframes, preferably the monthly chart, because this allows me to capitalize on the major market swings.
I view trading as a long term game over the next 20 years which will help me to build massive wealth - it is not a get rich quick scheme.
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Today I want to share with you my outlook on Bitcoin:
In the beginning of 2023 Bitcoin perfectly retested the previous cycle high of 2018 and already perfectly rejected this key structure level towards the upside. Since we had a cross support at the $17.000 level, there is a very low chance of Bitcoin breaking below this level at all.
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Most of the people always follow the quick money. But the quick money is never the big money.
They think that making 5% a month consistently is reasonable, which is one of the reasons why so many traders fail.
The only think which you can control is your risk, everything else is unknown.
Keep your long term vision!
Nailing Market Bottoms with Precision! 🎯📉Cryptocurrency markets are notorious for their volatility, making it challenging to identify the perfect entry points, especially during bearish cycles. However, a game-changing tool has emerged, the Investor Tool BTC Indicator, renowned for its remarkable accuracy in pinpointing true market bottoms. In this post, we'll explore the incredible capabilities of this indicator and its astounding track record of never missing the mark. Its next target? A staggering $150,000 per Bitcoin!
Cracking the Code: Investor Tool BTC Indicator
The Investor Tool BTC Indicator is a cutting-edge tool designed to decipher market sentiment and identify optimal entry points.
What sets this indicator apart is its exceptional accuracy in recognizing the true bottom of a bearish cycle.
Unveiling the Power: How It Works
The Investor Tool BTC Indicator employs a complex algorithm that considers various market factors, sentiment analysis, and historical data.
Its unique methodology filters out market noise, providing crystal-clear signals during uncertain times.
The Unparalleled Track Record: Never Misses the Mark
Perhaps the most astonishing aspect of the Investor Tool BTC Indicator is its impeccable track record.
Historically, it has accurately identified market bottoms without fail, instilling confidence in traders and investors.
Setting Sights on the Future: $150,000 per Bitcoin!
With its uncanny ability to call market bottoms, the Investor Tool BTC Indicator has set its next target: a jaw-dropping $150,000 per Bitcoin.
Traders and investors are watching closely, eagerly anticipating this remarkable price milestone.
Leveraging the Indicator: A Game Plan
Timing: Keep a watchful eye on the indicator's signals and act swiftly when it identifies a market bottom.
Risk Management: Despite its accuracy, always employ sound risk management strategies to protect your investments.
Continuous Monitoring: Stay updated with the indicator's signals and be ready to adapt to changing market conditions.
In conclusion, the Investor Tool BTC Indicator has revolutionized the way we approach cryptocurrency trading by consistently identifying market bottoms with unparalleled precision. As it sets its sights on the ambitious target of $150,000 per Bitcoin, traders and investors are eager to capitalize on its next remarkable prediction. Remember to combine this tool with comprehensive analysis and prudent risk management for a well-rounded trading strategy. 🚀💰🚀
Indian Oil: % years Inverse Head and Shoulder BreakoutIOC has been in an Inverted H&S pattern formation since March 2018 which it completed in July 2023. Inverted H&S patterns often implicate a bullish run post pattern breakout and they become crucial specially when the pattern is in formation phase for dew years.
IOC replicates a similar view and the stock has given a breakout in May 2023.
The run still continues supported with high crude oil prices as well. With a long term view the stock seems to go upto 129 levels in few months from now. (Given the pattern is observed in monthly chart)
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:
Nasdaq -> Sell Everything Now!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.
With the recent weekly rejection of the major previous structure zone, everything is looking like Nas100 will also break the current support level and simply drop further towards the downside.
And you can also see that there is the possibility that Nas100 will create a regular head and shoulders in combination with a double top on the daily timeframe which is a massively bearish reversal pattern suggesting that we might see a harsh move lower on Nas100.
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:
2 Sided Scenario XAU/USDBased on fundemntal analysis, along side the current economic crisis, I am following the secondary scenario. Which sees gold into the 1700s before LIKELY NEVER RETURNING. what this means is yes gold is going to become bullish. As of now we are still squarely in the bearish Channels. The impulse to 1917 will soon be corrected, and the cherry will continue downward. Scenario 1 calls for gold to reverse after reaching the first liquidation zone. (Green lines) these scenario will be identical until liquidation is reached. After we should see an impulse upward followed by a deeper dive. This is in the neighborhood of the 1832 past price action. If this scenario is confirmed you will see a reversal 1815-1832-1841. If it continued upward that confirms scenario 1. If it impulses upward and continues down (most likely) it will confirm the 2nd scenario (red lines)
I have to ask myself. “WHAT WOULD A THIEF DO”
All the banks are unfortunately are the best thieves on the planet. The thief would push the price down to an unthinkable zone (yet completely valid by chart fundementals, and past price action. Unfortunately every chart is in a constant state of manipulation. Easily persuading you to put your money on the manipulated side of the market (costing you heavily)
Don’t fall for the manipulations AND DONT GET IN TOO SOON. Democrats fight the price of gold pumping the USD. The next president should show us some answers.
As always may the force be with you all
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:
AAPL Weekly Continues to March LONGAAPL on the weekly chart over the entirety of the years 2022-23 with a triple
Bollinger Band overlaid shows consistent marching along the second upper Bollinger
band ( 1.618 std) since mid January 2023 with a minor correction while crossing over
the basis midline band a month later. This is megacap consistence at its finest.
AAPL has had some inside bar weeks on a regular basis but follows with some ranging bars
as well. The dual time frame RS indicator shows the lower TF green line and higer TF
black line well align in the area of the 70 level slowly ascending overall.
AAPL is a titan of the NASDAQ with a healthy ecology of well liked products. I see it
as a lucrative investment or trader of dips and pops on a lower time frame. My choice
at this time is a call option striking a higher price of $205 expiring in mid-November.
Marathon Digital Symmetrical Breakout?Mara reached a new high and fell as expected. It started trading into a wide falling wedge out of a bullish uptrend. I would think other than Bullish if it was knifing down.
Found consolidation level at 17-17.60 area after double bottom bounce at 16.50ish and looking for a possible break to the upside out of a bullish symmetrical triangle.
With bit coin holding 30,000 level.
We could see it retest and/or reclaim $20 soon.
Trade Responsible,
#TradeTheWave 🏄🏽♂️🌊
Long Term Bullish on EUThis is the Yearly chart and it carries so much weight.
We can see price traded lower into a deep discount of the range and we were stuck in a range for 8 Years dating back to 2015.
Looking more closely, this range where price has been trapped is a battle between the Imbalances (Grey zones).
Discount Imbalance sends price into premium imbalance and also subtly creates a massive pool of sell-side liquidity below it and just above the most discount imbalance(purple zone).
Premium Imbalance sending price back lower to run the stops below the most recent low and with the sell-side liquidity now paired with fresh institutional longs, I believe this could be the perfect storm needed to see higher prices on this instrument.
As nothing is ever certain in these markets, I would need to see this year close as a Bullish Engulfing to confirm a Bullish Bias, and if at the end of this year, we close lower than last year's low, then my Bullish Bias would be simply put in the back seat.
I hope you found this useful. Also, you can request insight on the instrument of your choosing and in my free time, I can take a look at it for you.
USDCAD WEEKLY TIME FRAME The Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart).
Note: Its my view only and its for educational purpose only. Only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only (strategies). we don't focus on the short term moves, we look for only for Bullish or Bearish Impulsive moves on the setups after a good price action is formed as per the strategy. we never get into corrective moves. because it will test our patience and also it will be a bullish or a bearish trap. and try trade the big moves.
we do not get into bullish or bearish traps. We anticipate and get into only big bullish or bearish moves (Impulsive Moves). Just ride the Bullish or Bearish Impulsive Move. Learn & Know the Complete Market Cycle.
Buy Low and Sell High Concept. Buy at Cheaper Price and Sell at Expensive Price.
Keep it simple, keep it Unique.
please keep your comments useful & respectful.
Thanks for your support....
Tradelikemee Academy
Creating Your Trading Strategy: Simple Steps and Common PitfallsWhen it comes to using technical analysis for making trading decisions, a solid, simple, yet robust trading strategy is an essential foundation for traders to achieve consistent profits. However, constructing that strategy can be a challenge, especially for those new to trading, as there is an overwhelming amount of information out there. There are nearly countless books written on the subject of trading strategies. We want to simplify the process so that you can develop your own approach and get started.
Step 1: Determine your market, timeframe, and trading methodology
The overall first step in constructing a trading strategy is to determine: the market, trading methodology, and time frames you wish to take on. This will help you choose the appropriate indicators and approach to your trades.
There are several markets to choose from, but it is highly recommended that you pick one when you first start trading. It is easy to look at all of the opportunities present in the market and potentially overplay your hand by trading too many, which can lead to devastating losses. As an example, if you wanted to scalp the forex market, it would be best to pick one or two currency pairs to trade rather than trying to monitor all major currency pairs for opportunities.
Defining your trading methodology is another aspect of this step. Are you intending to hold stock or ETFs long-term? Do you want to swing trade or day trade cryptocurrencies? Maybe you believe you want to scalp the forex market. Doing your own research into these varying methodologies is a paramount step in formulating your strategy. Research all of them to better understand what they are and how they may fit your overall goals and risk tolerance.
Your trading style can help determine what overall time frames you are looking at. A long-term holder will typically rely on higher time frames such as the daily or weekly timeframe. While a trader who predominantly scalps may rely more heavily on the 1-minute or 5-minute timeframes. Choosing the appropriate time frames and sticking with them for your trading decisions will help you achieve discipline and consistency.
Step 2: Choose your indicators
When choosing indicators for your trading strategy, it is important to know that there are several broad indicator categories to choose from. Included in these categories are: trend-following indicators, momentum indicators, volatility indicators, and volume indicators. Trend-following indicators help traders identify the direction of the trend, while momentum indicators measure the overall strength of a trend. Volatility indicators help traders identify the level of price volatility in the market, and volume indicators measure the amount of trading activity taking place. Traders commonly pick a combination of these to be included in their strategy to help give a clearer overall picture of the potential market direction.
It is crucial to keep your strategy simple, so we recommend using 2-4 indicators at most. Choosing the right indicator combinations can be difficult, but is crucial to the success of your trading strategy.
While it may be tempting to use multiple indicators in the hope of finding the perfect combination, having too many indicators can do more harm than good. When you have too many indicators, it becomes difficult to make clear decisions. You may end up with conflicting signals that can cause confusion and lead to losses or missed opportunities.
It's important to choose only a few indicators that complement each other and provide valuable information about the market conditions. This will allow you to make more informed decisions and stick to your trading plan with greater confidence.
Step 3: Define your entry and exit rules
Once you have chosen your indicators, the next step is to define your entry and exit rules. This will help you determine when to open and close trades. For entries, you are taking the signals generated by the indicators you have chosen in step two and making a clear and definable set of rules for entering a trade. There can be other factors, such as market structure that play a role, but from an indicator standpoint, it is good to make these rules easy to follow.
Your chosen technical indicators can also be used to exit trades. For example, traders may incorporate moving averages into their strategies, and moving averages can be used for both entries and exits. Other exit conditions include having hard set take profit or stop losses. We covered this topic in our stop loss article a few weeks back (and we highly recommend you check it out). No matter how you decide to make your entry and exit rules, please ensure you implement proper risk mitigation techniques to protect your account, and in turn, help you grow.
Step 4: Backtest your strategy and practice, practice, practice
Before putting your strategy into action it is essential to backtest it using historical data. This will help you determine if your strategy is profitable and identify any areas that need improvement. Note that while backtesting is an important part of determining if your strategy is successful, past results are not indicative of future success.
Another aspect of this step is putting your strategy into practice. We never recommend diving straight into the deep end with your money before practicing. There are many free demo account options out there to get started. It is recommended that you find one that fits your needs based on the market you will be trading. The key part of this step is patience and carrying over that patience for when you are ready to go live with your strategy.
Common pitfalls to avoid:
When constructing a trading strategy, it is important to avoid common pitfalls that can lead to losses or missed trading opportunities. Some common pitfalls include:
Overcomplicating your strategy: Using too many indicators or rules can make your strategy overly complex and difficult to follow.
Failing to backtest and practice: Backtesting is essential to ensure your strategy is profitable and identify areas that need improvement.
Ignoring risk management: Proper risk management is essential to minimize losses and maximize profits.
Losing patience and jumping right in: It is easy for anyone to find a hot new indicator they believe is their edge in the market and to subsequently jump right into trading. Don’t fall into this trap as the outcome is seldom good! Take your time and become a student of the market you are trading, and a student of your strategy
In conclusion, constructing a robust yet simple trading strategy using indicators requires careful consideration of your market and timeframe, choosing the appropriate indicators defining your entry and exit rules, and backtesting your strategy. There are other aspects of technical analysis that could be tied in between the steps listed above such as market structure and patterns. However, the goal of this article was to make the process as simple as possible to help traders get on the right path. By avoiding common pitfalls such as overcomplicating your strategy, failing to backtest, ignoring risk management, and chasing after losses, traders can increase their chances of success in the markets.
Do you remember Yahoo!? 📈It's been a long time ago, that Yahoo had any value in browsing the internet. I don't think they are really "up to date", but from a pure technical view this long setup could work.
We've established on the weekly timeframe a clear higher low - waiting for the higher high now.
Will BTC Break and Bounce from their 200 Moving Average or Fall?In light of recent market trends, Bitcoin is set to pump due to its strong respect for the 200 EMA as a key support level, indicating robust investor sentiment. Coupled with increasing institutional adoption and favorable market indicators, this sets the stage for a potential bullish surge in Bitcoin's price.
While strong indicators suggest a potential upswing, it's critical to understand that market cycles are inherently unpredictable and don't always follow historical patterns. Investment decisions should always account for the volatility and risk associated with the crypto market, underscoring the importance of a well-diversified portfolio.
For an altseason to kick off, typically, we would first need to see Bitcoin consolidate or slowly trend upwards without extreme volatility. This stabilization often leads investors to look for higher returns in altcoins, pumping more money into the broader crypto market. It's crucial to remember, though, that these market cycles can be unpredictable, and risk management should be a top priority during any potential altseason.
"What are your top picks for the next altseason and why?"
"Do you agree that a Bitcoin consolidation phase could signal the start of an altseason?"
"What strategies do you use to manage risk during a potential altseason?"
"What indicators are you looking at for potential crypto market movement?"
"In your opinion, how does Bitcoin's current behavior align with previous market cycles?"
"What's your perspective on the correlation between Bitcoin's performance and the altcoin market?"