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.



  • wj
    wiktor j.
    29 November 2019 @ 12:58
    it might go up but living in Europe and seeing whats going on I can not based on charts alone buy those indexes. You know what they say, its only suckers that buy in on the last 10% before a crash. Unless ECB will do helicopter money into all peoples pockets my view will not change.
  • SA
    Sebastian A.
    26 November 2019 @ 17:35
    As a new subscriber I have to say that I appreciate these kinds of videos vs. pundit talks. Don't get me wrong, I like both, but I get a lot more value out of these informational videos.
  • TR
    Thomas R.
    23 November 2019 @ 08:58
    Excellendo, Axel
  • RK
    Roger K.
    21 November 2019 @ 20:31
    This makes sense , When the ECB (lik BOJ) starts buying equities - most suitable candidate is Stoxx600- after failing all the attempts for fiscal unity of the bloc. As per the US, it's more like MMT or something along those lines like big infrastructure spending plan. But beware of the (hyper) inflation!!!
  • JM
    Jim M.
    21 November 2019 @ 14:50
    One of the most important of recent RV uploads.
  • JR
    Joe R.
    21 November 2019 @ 12:44
    I love seeing the current perspectives of orthodox pattern traders like Aksel and Peter. Thanks for sharing Aksel.
  • BP
    Bryce P.
    21 November 2019 @ 03:39
    more Aksel please
  • TT
    Tungsheng T.
    21 November 2019 @ 02:20
    not much taken.
  • PP
    Peter P.
    21 November 2019 @ 01:54
    Good video
  • ET
    Eugenia T.
    21 November 2019 @ 01:17
    This is much appreciated; clear and very educational for those of us new to charting. Thank you Aksel
  • AB
    Aron B.
    20 November 2019 @ 12:35
    great and clear analysis. Russell breaking out seems imminent and still has more room to go as it has been lagging behind the large caps.