The Power of Classical Charting Patterns

Published on
November 20th, 2019
10 minutes

The Power of Classical Charting Patterns

Technical Trader ·
Featuring Aksel Kibar

Published on: November 20th, 2019 • Duration: 10 minutes

Are European equities finally breaking out? Aksel Kibar, CMT, founder of Tech Charts Research & Education Services, updates his analysis on the Euro Stoxx 600 and points out a variety of stock markets breaking out around the world. Kibar discusses the importance of breaking horizontal resistance, especially when combined with ascending triangles or head-and-shoulder patterns. He discusses current opportunities in U.S. small and mid-cap equities and notes how traders should play the situation. Filmed on November 19, 2019 in Varna, Bulgaria.