The_Cannalyst

The_Cannalyst Updated 

Nice TrradingBox 92-100,5. Last week the index touched the bottom edge of the TradingBox and was bought there. A bullish wedge appeares. Should the index Trigger this wedge, a longposition is thinkable (with Prices > 95,5) . In my Chart i illustrate 3 thinkable positions with entry/tp and sl - 2 longpositions and 1 short.

The_Cannalyst Updated 

GE is fighting with the longterm uptrend. Can GE form a new "3" ? If the Price will not drop below the last Low @ 29, a further upmove with TP @ 33$ can be exspected. This Szenario will only be active, if GE could overcome the midterm downtrend (with Prices higher than 30,75 (last red "3")) If the Price will drop below the last low (red "2"), a test of the...

The_Cannalyst Updated 

If the wedge can be triggered, i exspect a new buying-wave. This Szenario is valid as Long SPRWF is not trading below the last valid green "3".

The_Cannalyst Updated 

Shortly we perhaps can see a moster Long Signal. If ATVI could tarde above the last green "2" massive longsignal with TP = 45$ appears!

The_Cannalyst Updated 

The countermove since the "Brexit-Drop" seems to be a kind of dead cat bounce for me. Its`s really getting interesting, when we will perhaps reach the region round about the 0,5 and 61,8 fibo-retracements - i think here we see a decision for the next days.

The_Cannalyst Updated 

Let the Chart speak....

The_Cannalyst Updated 

Nice Breakout-Szenario! Prices above 730$ will generate a new buying-Signal . TP1 could be 775-800$ / TP2: 840$ green: preferred Szenario blue: alternative Szenario Prices below 680$ will turn the midtermchart bearish

The_Cannalyst Updated 

The shares of Deutsche Bank moves volatile sideways since the low of February 2016 @ 13.0€ - a symmetrical triangle appears . DB commutes to the 2006-LOW @ 15,4€. Recently again the stock fell back into the vicinity of the lower edge of the triangle. This limitation runs currently at 14.05 EUR. From this support line, the stock is trying to solve for a few...

The_Cannalyst Updated 

Logterm: Long Shortterm: perhaps short The longterms pattern - the bullish flag - sounds the bell for the next round - and is still valid! Trading above the illustrated flags upper edge will open the TP @ 1402$. The flag pattern is as long valid as XAU is not trading below 1195$. If you are an anticyclical shortterm trader, a shortposition at the actual level is...

The_Cannalyst Updated 

The consolidation reached the maximal correction fibo-Level 61,8. Here a Turnaround could start. TP could be 9850. On ist way up, several resistances appear: 9560/9750 Prices belwo the significant Low at 9158 will cause a selloff. Former Analysis:

The_Cannalyst Updated 

The Pair assimilates the Brexit. The massive selloff reached intraday till 98,8. Will we aim that Level again? The deep dip was bought directly and endet at the holy fibo 61,8 @ 103.32. Trading below that Level will perhaps reassume the main trend. For that Szenario i have illustrated a cyclical shortposition. Only Prices above 103,4 will brighten the shortterm chart.

The_Cannalyst Updated 

We are trading near the Maximum correction Level (61,8 fibo) from the big brexit-downmove.. Enough is enough? The 61,8 fibo could be the shortterm Turnaround Level.....tp on the downside could be the 38-61,8 fibos red arrow: preferred Szenario blue arrow: alternative szenario

The_Cannalyst Updated 

The trend is our friend? Let`s see, if the yesterdays Breakout is the starting Signal for a new buying-wave. TP could be 90$! If you like it - like it!

The_Cannalyst

I see a classical inverse H&S. Prices above 49,6 --> TP 50.5$ Prices above 50.5$ --> TP 51.6$ Prices above 51.6 --> TP 54-56$ Good luck If you like it - like it :-)

The_Cannalyst Updated 

We have reached the mentioned central Pivot resistance Point at 680$ . After the massive Breakout Explosion ahead? we have seen an exemplary consolidation which reached nearly exactly the holy 61,8 fibo-retracement - here the reasumption of the main wave started. Now we have two trading Options: 1. Procyclical longposition: Stoppbuy near above the...

The_Cannalyst

Royal Dutch with a possible H&S. In my Chart i have illustrated a possible longposition. TP could be the holy 61,8 fibo @ 65$, TP2: 72$ SL is thinkable below the right shoulder If you like it - like it.

The_Cannalyst Updated 

Let the Chart speak ... I don't know about you, but I clearly see a inverse longterm H&S.

The_Cannalyst Updated 

Since 2013 the downtrend is dominant. These days we have reached upside of the trendchannel - now ist perhaps time for Action: Could AMBEV overcome this trend (with Prices > 5,6/5,75) a resumption of the longterm uptrend can be exspected. Should AMBEV could not overcopme this mentioned Level, the next downwave can be exspected. In my Chart i have shown these two...