The_Cannalyst

The_Cannalyst Updated 

Let the chart speak.... resists: 163,7/ 167,8/ 171,5 Support: 155,5 Comments are welcome -Agree or Disagree!

The_Cannalyst Updated 

Trying to catch the Breakout! 35.92 is the midterm longtrigger.

The_Cannalyst Updated 

H&S is reactivated and activated - The market drops per close below the neckline and the EMA 200!!!. If the close below this level is sustainable this generates technically a shortterm and longterm short-signal. The bottom-edge of the tradingbox turned into a resistance @ 17.630 - thats the new Level to watch! - A close below this Level generates a...

The_Cannalyst Updated 

Countertrades are not my style...but for those who love the risk - here a short-idea. We have actually reached the falling trendline. Trading below that line is bearish furthermore.... RSI is very oversold - shorts have a very nice CRR! BBs are stressed out

The_Cannalyst Updated 

These days we have the answer to my in my former view asked question: Will the Fibo 38,2 or the 61,8 be the object of desire? - Yes it was the object of desire. We have diped down to the 38,2 which was corresponding to the max. tp of my in my former Analysis illustrated bearish H&S. "Have we seen the top?" This is an Action Point where a decision has to be...

The_Cannalyst Updated 

...how do we trade that? Double Bottom: Stoppbuy when we break through 43.78 TP 44.27 Bearish Flag: Sell the upper edge direct (TP 43,16) or stoppsell below the flags Body @ 43,10--> TP 41,8!

The_Cannalyst Updated 

eurusd is forming a bullish flag. At presesnt we are trading near the flag Bodys bottom. Let`s see if we have to adjust the flag at the time-and pricescale. The flags Body can reach till 1.1170 without destroying the flag-pattern. We will try to catch the Breakout. Trading below the flags Body (< 1.1185) will weaken the bullish upwave, but still has a corrective...

The_Cannalyst Updated 

Is this a new "3?"? Short scalp-time? Trading above 43,78 will destroy the short-szenario and will turn the Chart temporarily weak bullish Most of my updates are only up to date for my followers - i mostly update my ideas in the comments, not through another publication - so please follow me if you like to get updated every time! Comments are welcome and very...

The_Cannalyst Updated 

1-2-3 short-setup: The 1-2-3 short is active when breakin through the "2". TP 0.7157 Trading above the"3" will brighten the chart

The_Cannalyst Updated 

We have reached a Pivot reisitance Cluster 102.2-102.75, the RSI is signing an overbought market in this TF and the BBs are stressed out. I exspect a shortterm consolidation down to the 38,2 @ 101.5 Trading above the mentioned resistance Cluster will turn the Chart bullish. Main view: Shortchance below 105? If the pair would trade below 105, i see the...

The_Cannalyst Updated 

Afer kissing the resisitance Level we have dipped the 0,5 fibo like textbook -this Level was bought! We are fighting with the multiply illustrated Trading Box´s upper edge and the ultrashortterm-downtrend. For me, the time has come for a bigger breakout. For this Szenario, we have to leave behind the resistance zones...trading above yesterdays top would...

The_Cannalyst Updated 

rsi oversold - nice crr closed short /former view from today: SHORT Simple 1-2-3 Short Scalp? We have reached the min correction Level 38,2 @ 45,12. Here the sellers waited again. Let`s see if the consolidation will go further up to the max correction Level @45.5$ -Breaking through the illustrated last valid "2" will activate the shown example-shortposition...

The_Cannalyst Updated 

RSI is oversold, we reached the three times tested supportlevel. eurusd reached an important action Point - breaking through that Point could mean aiming 1.11 / 1.108 2 positions are thinkable, perhaps as a straddle? shortchance? longscalp to the 38,2? or longposition - trying to catch a 4xbottom ?

The_Cannalyst Updated 

1-2-3? What is that? Feel free to read more about my favourite Setup: We have reached the min correction Level 38,2 @ 45,12. Here the sellers waited again. Let`s see if the consolidation will go further up to the max correction Level @45.5$ -Breaking through the illustrated last valid "2" will activate the shown example-shortposition (SL near above the possible...

The_Cannalyst Updated 

If the pair can cross the last valid green "2" i exspect a further upmove to the tp 0.759 Former View: CADCHF reached ACTION POINT! The pair reached the twioce tested Pivot Support Level again. This is an Action Point. Here we see a Cluster of idicators: Here is based the EMA 200 which broke 2 days ago ( bearish ) - here is also based the EMA90 (supportive) and...

The_Cannalyst Updated 

The shortterm-uptrend is still dominant. At present we are trading near a Pivot Point, the twice tested supportlevel @ 46.6$ - here i exspect a "decision-making-move". Resists: 47.5/48,35/49,1 Supports:45.28/44.5/43.4 Most of my updates are only up to date for my followers - i mostly update my ideas in the comments, not through another publication - so please...

The_Cannalyst Updated 

Keep it as simple as possible...1-2-3 Next upwave ahead?

The_Cannalyst Updated 

Playing the Box since 2015! When breaking the downtren(line) , the upper edge of the Box can be aimed again. Oder views: Again a Long Chance after the ugly Shakeout? After the ugly shakeout a few days agao, the situation has chilled out, and my former analysis turns valid again. I see a chance with a stoppbuy near above the last high at 8.38. Above that level,...