A European Breakout?

Published on
July 4th, 2019
12 minutes

A European Breakout?

Technical Trader ·
Featuring Aksel Kibar

Published on: July 4th, 2019 • Duration: 12 minutes

Aksel Kibar, CMT, founder of Tech Charts Research & Education Services, makes his Real Vision debut with a look at the long-term charts of a handful of European indexes. He examines the bullish set-ups for a few country-specific components of the Euro Stoxx 600, compares them with historical examples of indexes that have broken out from similar bullish patterns, and explains why he believes horizontal chart patterns are superior to diagonals. Filmed on July 2, 2019 in Varna, Bulgaria.



  • KT
    Kaloyan T.
    6 August 2019 @ 21:36
    The only video I found when looking for “Bulgaria”
  • DP
    D P.
    7 July 2019 @ 23:20
    Good content as always from Aksel. Getting a better mic would make the listening easier on the ears.
  • BT
    Bryan T.
    6 July 2019 @ 15:03
    Just I side note since I've seen this analysis already from Aksel... I wanted to further my education on technical analysis specifically classical charting techniques and Aksel delivered with his Tech Charts service that 'm subscribed to. I'm very glad to see him on Real Vision. Hope to see him here more often.
  • Nv
    Nick v.
    4 July 2019 @ 12:43
    Great job Aksel. A nice contrarian view to all the Dollar bulls
    • AK
      Aksel K. | Contributor
      5 July 2019 @ 16:17
      Thanks Nick. Regards,
  • TM
    Tariq M.
    4 July 2019 @ 13:53
    Clean timely actionable trades. Great Job
    • AK
      Aksel K. | Contributor
      5 July 2019 @ 16:16
      Thanks Tariq. Regards,
  • IZ
    Ignacio Z.
    4 July 2019 @ 18:26
    I have always wonder: how can someone risk, hard saved money, on this type of "technical" sourcery?
    • AK
      Aksel K. | Contributor
      5 July 2019 @ 16:16
      Have you seen the breakout on S&P 500? It seems like some long-term investors are long. We are looking at possibilities. European indices can breakout to all-time highs as well.
  • FC
    Fractal C.
    4 July 2019 @ 20:48
    Beautiful presentation, Aksel. Thank you
    • AK
      Aksel K. | Contributor
      5 July 2019 @ 16:15
      Thanks. Regards.
  • AS
    Amitesh S.
    5 July 2019 @ 02:08
    Nice, crisp and punchy presentation of idea.
    • AK
      Aksel K. | Contributor
      5 July 2019 @ 16:14
      Thanks Amitesh. Regards,
  • CS
    C S.
    5 July 2019 @ 05:41
    Do the charts indicate that these equity breakouts might be accompanied by declines in currencies, eg EUR, Askel?
    • AK
      Aksel K. | Contributor
      5 July 2019 @ 16:14
      I don't relate equity market breakouts to specific FX or Bond market breakout/breakdown. Correlations might exist. These relationships might breakdown at different times of the trend.
  • MT
    Mike T.
    5 July 2019 @ 09:29
    I have to say as the liquidity is so bad on European Exchanges, coupled with Transaction Taxes I've given up even looking. For me the European Commision and their insane market regulations have destroyed liquidity e.g. look at what's going on with Switzerland at the moment.
    • AK
      Aksel K. | Contributor
      5 July 2019 @ 16:13
      I've traded and invested in illiquid markets over the past decade (Middle East & GCC), I've seen volumes pick up at latter stages of uptrends.
  • SP
    Simon P.
    4 July 2019 @ 15:08
    Hi, what about the Topix? It had a very similar breakout at the beginning of 2018 but seems to have failed. Can that set up still be considered? thanks