The_Cannalyst

The_Cannalyst Updated 

Prices below 41$ are not good.....

The_Cannalyst Updated 

We can see a triangle without knowing if it is bullish or bearish. Because of that, we have a very wide "neutral Zone" between 93$ and 111$. The edges of this Zone are interesting Action Points. In my Chart i have figured the two thinkablecyclical positions. The risk-loving anticyclical Investor could also buy the actual Support Level with a sl near below the...

The_Cannalyst Updated 

The Long/midterm momentum is still bearish. There is a still open gap which can be seen as a resistance Zone. Will ENDP dive through that gap, the finishing of a calssical Double Bottom can be started. That means concretely: Prices above 18.25$ can indicate a longsignal with TP = 26$ Prices below 13.3$ will accellerate the bearish momentum, here i exspect a fast...

The_Cannalyst Updated 

Classical Flag - there is nothing more to explain...

The_Cannalyst Updated 

Here is the next H&S...Prices above the neckline are bullish, Prices below the neckline respective the right shoulder are bearish. In my Chart i have illustrated the possible positions

The_Cannalyst Updated 

Is smells like BO! In my Chart i have illustrated the 2 thinkable positions. Prices below 3.007 are bearish (shortterm) Prices above 3.03 seem to be bullish longterm view:

The_Cannalyst Updated 

These days, the RSI generatet a shortsignal in this timeframe. Prices above 19,2$ are still bullish (shortterm) Prices below 19,2$ will perhaps cause a dip to the 38,2 fibo @ 18,3$ This Level is corresponding to a former high in the beginnings of 2015 and near the top from 05/2016. Prices below that minimal correction Level (38,2) will turn the bullish momentum...

The_Cannalyst Updated 

We can see a midterm uptrend since 30.05.2016. The upmove temporarily stopped with a Double Top @ 1.375$ - a consolidation started. Today we are trading near the supportlevel @ 1.310$. Here is based the midterm uptrend-line, the min. correction Level - the fibo 38,2 retracement, the neckline of the possible H&S and the EMA 200 in this timeframe. All together are...

The_Cannalyst Updated 

Is today the Breakout-day? I see 2 clear Action Points - the edges of the box - here are breakout-Szenarios thinkable. The risk loving anticyclical Investor could open a shortposition at the actual Level. Former analysis:A Traders Dream? This illustrated H&S would be a Traders Dream! Will the pair take the direct way up to the Box`s upper edge or will a...

The_Cannalyst Updated 

Especially for you @Dguaman :-) For me the chart seems bearish - only prices above 1.88 will brighten the chart imo. TPs of the H&S: 1.823/ 1.803 Any other ideas?

The_Cannalyst Updated 

We have reached the illustrated fibo-niveaus of my Main Analysis. The bearish Sentiment is still present....The RSI weakly signs a possible Rebound - but there is no "real" Signal yet - the rsi only Shows that the Situation is a bit oversold in that timeframe - will we see a dip to 40.5 today? Between 40.5-40.75 i exspect a shortterm countermove . - i am not a...

The_Cannalyst Updated 

let the Chart speak...i don`t think we will reach the entry Niveau, but let`s see...rsi is oversold but without any Signal yet.

The_Cannalyst Updated 

For me ist a good idea to short the pair below the last "2"...it`s the classical 1-2-3 manner :-)

The_Cannalyst

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 38,2 fibo (supportive). Below that Level i exspect a fast dip. 1. Buy this Level, SL should be a bit below the 0,382 fibo...

The_Cannalyst Updated 

Bullish, bullish, bullish! Since 08/2015 USDTRY is ranging between 2.75 - 3.05 I see three alternative Szenarios: 1. Cyclical Stopbuy (BO) > the Box`s upper edge (low risk) 2. Anticyclical short at the recent Level -> TP Bottom of the Box (high risk, but good crr) 3. Cyclical Stopsell below the Box`s bottom Comments are welcome -agree or disagree!

The_Cannalyst Updated 

If the pair would trade below 105, i see the possibility for a further downwave. First TP of the short is the former low @ 100 Other ideas or comments are welcome

The_Cannalyst Updated 

Isn`t that nice? ;-) Main Analysis (daily): Shortchance below 105? If the pair would trade below 105, i see the possibility for a further downwave. First TP of the short is the former low @ 100 Comment. microstructure: Comment. will the flag trigger the bigger shortsignal? Comment. TA- i am lovin it!!! Comment. reached bottom trend-edge..perhaps...

The_Cannalyst Updated 

After the in my former Analysis exspectet break of the 44,5$, the downtrend and bearish momentum accelerated.. Former Analysis: Shortterm view: Smells bearish Shortterm view: Oil reached an action point @ 44,5. For me it really looks bearish ..the only thing that makes me thinking of is the oversold RSI ..because of the oversold situation i have illustrated...