The_Cannalyst

The_Cannalyst Updated 

The trend in this tf is bearish furthermore..will we see the next downmove today?

The_Cannalyst Updated 

Is this just a consolidation before we see the next bullish up-move? If you think so, i have iillustrated some thinkable Long entries. The Price should not drop below 116 - here the illustrated trend would be destroyed Best Regards Mary

The_Cannalyst Updated 

Oh Oh, after building a Double Top @ 9.000 a consolidation started. This consolidation caused a trendbreak - the momentum turned bearish. Now i see a bearish H&S. If the index would trade below the neckline @ ~ 7.900, a further drop should be expected. Only Prices above the potential right shoulder will brughten the Chart. Longs have a really nice...

The_Cannalyst Updated 

Above 8.725 (the last valid mangenta "2") i exspect the next BO. TP of this BO could be 8.81. The fibos should be a good Support Zone. Trading below the last green "2" is bearish and would generate a tp at 8.45 In my Chart, i have illustrated both thinkable positions best regards Mary

The_Cannalyst Updated 

The theory of flags Flags are my favorite technical formations. They have a trend confirmation character, are easy to recognize and grateful when you trade them correct Ideal-typical flag: A bullish flag is a massive, strong volume move followed by several days of sideway trading sessions to lower price action on much weaker volume followed by a second,...

The_Cannalyst Updated 

Introduction into 1-2-3 Trading Pattern Basics of Market-Techniques Basically there are 3 kinds of traders in a market: -Those who are positioned LONG – they exspect rising prices -Those who are positioned SHORT – they exspect falling prices -Those wo stand on the sideline – they are FLAT and waiting for a good entry These three groups are responsible...

The_Cannalyst Updated 

Does this tiny Double Bottom @ 14.700 fire the starting pistol for "THE BIG MOVE"? The consolitading downtrend since August is still present and dominant. Prices above 16.400 will challenge this trend. At this Niveau, the next longterm buy-Trigger is based: The EMA 200! Will Nikkei break through that MA, the next target could be 17.900. Should that Niveau also...

The_Cannalyst Updated 

For my risk-Lovers: U could perhaps try an anticyclical short/mid-term Long Position at the illustrated supportlevel @ ~0,7235-0,714. There are some signals which underline a temporary upmove: -The RSI is diving through it s oversold-section -The BBs are stressed out - The supportzone is also based near the flags max. tp Ideally such a countertrade /...

The_Cannalyst Updated 

After the break of the bigger supportlevel @1,05, the pair went into a consolidation. The first attempt stopped at the 38,2, the min correction Level. When we test the 38,2 again, a flag will be formed (mangenta). A procyclical short entry could be openened a bit below the last low @1.035 The flags TP is ~1.02 Only Prices above the resistance Cluster (fibos...

The_Cannalyst Updated 

For risk Lovers: The Chance-Risk-Ratio at the box`s upper edge is as always very nice (but risky) :-) TP1: 1.4365 (38,2 fibo) -- TP2: 1.415 (box bottom) - SL a bit above todays high That is not my style (because it is anticyclical) , but i want to Show that trade idea to you. Greez Mary PS: above the last high u should exspect a fast upmove....

The_Cannalyst Updated 

Nice upwave...the consolidation stopped at the 38 fibo,and formed an ultrashortterm uptrend. Within that trend we see one flag after the other (yellow counting).....the and now we are fighting with the last high. Breaking through that high, the "2" - could initiate a shortterm breakout-situation. TP2 is a solid resistance -u can see that if you zoom out a bit in...

The_Cannalyst Updated 

Next target = 121? Calassical 1-2-3 pattern.... "Real" Buy-Trigger = crossing the "2"

The_Cannalyst

My main analysis is 7 months ago - here i put a question mark to the end of the heading.....now, the BO-Position triggered too... and we can Change the question mark into a bang :-) Main Analysis: US DOLLAR INDEX LONGTERM FLAG? Nice TrradingBox 92-100,5. Last week the index touched the bottom edge of the TradingBox and was bought there. A bullish wedge...

The_Cannalyst Updated 

Prices < 0,724 can cause the next downmove

The_Cannalyst Updated 

We are trading near the mangenta box`s bottom. Let`s Play the same again like in my former views? My illustrated "Box-Analysis" is still active. Possible Levels for a new Long entry are the fibos. To Play the box, the Price ideally will turn around between the min and the normal correction Level (38,2- 0,5) = 1330 This would be the entry for the risk loving...

The_Cannalyst Updated 

Below 1.04 eurusd will perhaps make a longterm freefall ? :-)

The_Cannalyst

oh oh - trading below the last low could indicate the next downwave with TP= 1,02?

The_Cannalyst Updated 

That seems to me like a very nice BreakOut-Szenario for 2017. TP of the flag would be the "2?" 1-2-3 pattern: