The_Cannalyst

The_Cannalyst Updated 

the Bearish trend is still in full swing. As Long we are trading below 104 respective 103, the Chance for the illustrated H&S is given. The Max. TP of the H&S is corresponding to my main views tp2 Main View: Shortchance below 105?

The_Cannalyst Updated 

It´s time to straddle....Long (double bottom Chance @ 0.749-0.75) Short below that Level In my Chart i have illustrated both positions - the anticyclical Long-try for the risk-lover and the procyclical-bo-short for the Patient one ;-) RSI is oversold!!! we are here:

The_Cannalyst Updated 

Technical Overview: Early we have realized, that Ger30 felt from the buying, into the neutral down to the selling area (shown in my former views) - we saw, that the dynamic decreased, that was one of the first sell-signals. In the daily Chart we can see the activated Double Top - which was the next sign for a stagnation. The normal correction of the upwave...

The_Cannalyst Updated 

Will the fibos stop the down-momentum ? At present we have kissed the minimum correction level 38,2. Downtrend is full in tact.

The_Cannalyst Updated 

Haraikiri idea: countertrade! RSI overbought, BBs stressed out.....very narrow sl close to todays low, tp ~ 38,2 fibo 0.75891 would be the scalp tp ( 38,2 of the last downwave)

The_Cannalyst Updated 

Is the bullish Flag good for further 650 Dow-Points? Trading below 18.250/ 18.050 will question the flag Comments and other ideas are Welcome -Agree or Disagree Regards Mary Main View: H&S - good for 2.400 points or 13,5%? Possible LongtermTarget: 21.250 What can we see? In the long run, we see a huge bullmarket since 03/2009. Since 08/2015 the market...

The_Cannalyst Updated 

Yesterday was a nice bullish day. Now it`s time to breathe a bit slower :-9 The oil Chart is turning more and more green....the present shortterm uptrend is dominant and nice to watch the forming of the 1-2-3`s . Here i just illustrate a technical overview with allfor me important levels to watch. Feel free to comment my view! Former view: Textbook Inverse H&S

The_Cannalyst Updated 

classical 1-2-3?

The_Cannalyst Updated 

Today is a decision-making day - we see the results of the youngest NFP! I am as always flat a few minutes before the News. After the NFP, we will see which direction the market will take. Here i illustrate some key Levels in this TF for a possible trade preparation. Good luck!

The_Cannalyst Updated 

Today we are trading near the up-trendline. Swing-trade -lover could search for a strategical longposition at the present niveau Former view: Is the dragon building a Top?

The_Cannalyst Updated 

trying to catch the short-scalp only the rsi is strange....hmmm... the Trigger is placed directly at the holy 61,8 fibo..

The_Cannalyst Updated 

Please read my former view first (see below) These hours we have reached the TP of my former view (see below)- the bottom of the illustrated blue box! So i have to update my view. We played the in my main view illustrated variante no. 2 (mangenta box - see below). Now i see the chance to play variante 1 of the Blue Box : 1. The Anticyclical Risk Lover...

The_Cannalyst Updated 

Dax is consolidating between 10.650-10.750 (blue flag). These Levels can be seen as neutral imo. Within this edges no Action is needed --> Watch the edges of this "box" - These are Action Points where you could place an order because a bigger move can be exspected. 10.805 Resists:10.728/10.745/10.753/ Supports:10.650/10.625/10.515/10.500/10.465/10.450 Comments...

The_Cannalyst Updated 

Trading above 606/609 will Trigger / activate the flag Trading below 594 /588 is bearish//sideways Comments are Welcome -Agree or Disagree! BIG Picture

The_Cannalyst Updated 

Classical 1-2-3 scalp? First Trigger is the trend-break - the "real" 1-2-3 entry-trigger is the last "2" Regards Mary Comments are Welcome -Agree or Disagree! Former view: Is this the Top? Triggering the bearish H&S means aiming 102.55 (min tp H&S and ~38,2 fibo) / 102 (max. tp H&S and ~0,5 fibo) Only trading above the right shoulder will brighten the...

The_Cannalyst

Same procedure as yesterday ..? Trading below the 61,8 will destroy the flag idea Former view: Long-Scalp: Trying to catch the BO 1-2-3 go?

The_Cannalyst Updated 

We have reached the min. correction Level of the last downwave, 38,2 fibo ! Is this the next turnaroundlevel - the next "3"ß? Breaking the ultrashort uptrend will perhaps initiate the next downwave. The "real" 1-2-3 shortsignal will be activated when ng1! is trading below ethe last "2" Trading above the 61,8 fibo will brighten the Chart temporarily... Comments...

The_Cannalyst Updated 

Trading in nano cap Biostar Pharmaceuticals (BSPM +107.3%) was temporarily halted yesterday morning due to volatility. Shares have more than doubled on a 50x surge in volume (turnover of ~500K shares) on no news. Is that just a Dead Cat Bounce? If yes, a shortposition is thinkable. SL a bit abovce yesterdays high, TP could be the floor, where the stock was based...