Aksel Kibar, CMT
@TechCharts
Chartered Market Technician (CMT) and Classical chart trader. Ex-Fund manager.
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$ETHUSD Tight range still. Don't ask me which way. Act on the breakout with stops and accept to get chopped. If it is a clean breakout, you will probably ride a strong one.
A waterfall from here carries systemic risk. #TNOTE#
This chart and analysis from March is another reminder for all of us that:
1) Markets know what is coming better than us.
2) Charts reflect this knowledge if you can focus on the "now" without any bias.
3) Charts are the closest that you will get to inside information as well.
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There are some candlesticks that I pay close attention around inflection points. Doji is one of them. On Nasdaq/Russell ratio from August 1st report.
Select few setups leads to clarity.
These are the countries represented by my private X community
Only a few years before I ride off into the sunset of trading after taking many millions out the market (I do NOT shout out exact numbers like so many like to do on social media)
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Minor high at 14,730, which will act as resistance for the possible symmetrical triangle. #BIST100#
End of day close with a long lower wick can put in a short/medium term low. Still thinking of it as the last swing inside the symmetrical triangle #BIST100#
Not a forecast. Check back for updated analysis as I get new evidence.
>>
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Minor high at 14,730, which will act as resistance for the possible symmetrical triangle. #BIST100#
End of day close with a long lower wick can put in a short/medium term low. Still thinking of it as the last swing inside the symmetrical triangle #BIST100#
Not a forecast. Check back for updated analysis as I get new evidence.
>>
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$FCX gap fill means it is not a breakaway gap. The gap fill acted as a pullback to the pattern boundary. Now a candidate for a Type 2 breakout. #COPPER#
Fund managers, investing is a beauty contest. You are always making choices and trying to be positioned in the leader, the outperformer. In that, ratios are extremely helpful. Roy captures several great setups.
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Why do I follow pair trade ratio charts?
$ADBE / $CRM ratio chart is a great example.
Why do I follow pair trade ratio charts?
$ADBE / $CRM ratio chart is a great example.
#INTERNATIONAL# #EQUITIES# Breakout followed by possible bull flag. Uptrend is intact.
#TECHCHARTSMEMBERS# I've covered several #ENERGY# equities in the latest report. Continued strength for #CRUDEOIL# can build a "theme" in energy equities.
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$USDINR can turn into a symmetrical triangle with a rally from current levels to the upper boundary at 96.
#SPX# Above its support level.
#BUND# acceleration.
#TECHCHARTSMEMBERS# I've covered several #ENERGY# equities in the latest report. Continued strength for #CRUDEOIL# can build a "theme" in energy equities.
Access >>
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Another great interactive blog post where you can test your knowledge with instant feedback. This one is on triangles.
