The_Cannalyst

The_Cannalyst Updated 

680$ - this is still the Level to watch! Trading below that Level indicates a bearish momentum - Trading above 680 will brighten the Chart, the main uptrend can possibly be resumed At the Moment, we have four Trends: - Midterm downtrend: red 1-2-3 counting: As Long btcusd are trading below 680$, this trend is dominant. Further downwaves can be exspected -...

The_Cannalyst Updated 

Yesterday RG started it s tradingsession very weak with a gap down and was traded temporarily below the central pivot support Level @ 8.90$. Per Close, RG could defend this Level - a false breakout or ptential bear trap was formed. The open gap is the new shortterm resistance . For me, the Region between yesterdays low and the gaps upper edge seems to be neutral...

The_Cannalyst Updated 

Nike started ewak after the latest downgrade. In the today's opening range about 54. 00 USD is a considerable horizontal support in the form of the present annual low and the longterm trend channel`s bottom edge. If Nike can defend the longterm trend and reenter it, a shortterm buying Signal can apear. Prices below 52.85$ can cause the next downwave.

The_Cannalyst Updated 

Is the downmove in full swing? Trading below the possible neckline could trigger a new sellingwave. The Chart brightens with Prices > right Shoulder

The_Cannalyst Updated 

Is this a flag?

The_Cannalyst Updated 

Dax turns into a bearish momentum. The last tradingsesions really were weak - Brexit is the ruling Theme. Trading below 9435 will generate a target at 8.680/8.380. If dax could reenter the last shortterm downtrend, the chart brightens a bit, but still remains bearish. Only prices above 10.450 will turn the chart bullish again.

The_Cannalyst Updated 

The BIG SHORTSIGNAL tarries. The in my former analysis exspected big shortsignal did not occur. First, it seemed as the shortsignal will be activated - two days later we saw, that this was just a false breakout - a bear trap! From then on Apple jumped up to his 0,5 fibo retracement and tried to close the still open gap. But Apple did not beat and close the gap,...

The_Cannalyst Updated 

The illustrated H&S of my former view ( Goldman Sachs near the neckline! Prices below 177 --> TP1: 170 Prices below 170 --> TP2: 153 / 145 / 123 If the Support @ 170 will not be bought --> Sell Goldman!) got triggered, the TP1 reached. These ays, we can see the next bearish wave, the next shortsignal. TP is the max. TP of the H&S

The_Cannalyst Updated 

It seems that the flag will be triggered. We are trading per close below last green "2", if you trade the 1-2-3 patterns, this is a shortsignal with TP1= 12,7 TP2: 10.9 The chart will brighten, if BAC will trade above the lat two highs at 15,2/15,1

The_Cannalyst Updated 

Will the EMA 200 be the trigger for the next buying-wave? blue arrow: alternative szenario red arrowa: preferred szenario In my chart i illustrate both szenarios, the long and the shortposition

The_Cannalyst

With Prices > 35,5$, a Double Bottom with TP @ 52/60$ appears! Trading below the last low @ 24$ will generate a new selling wave

The_Cannalyst Updated 

If the pair can trade sustainably above "2" @ 62,6 that generates a buying-signal with target 67/70,5. This pattern only is active if we trade above the"2", if not, the risk of a double top is in the air :-) Prices below "3" are generating a short signal

The_Cannalyst Updated 

We see uptrends of the Pair in every time horizon. Now the Pair has reached ist MoB-Level @ 1,28, the strong resistance which was tested 2 times without any success. All good things come in threes! Because the ultrashorttrend is outbidded, i exspect a tiny dip to the trends lower edge, before the BIG LONG MOVE will appear. The starting Signal for the Long run...

The_Cannalyst Updated 

The pair is trading sideways since march 2015 . The tradingbox covers from 8,05 (Buying Zone) - 8,77 (Selling Zone) This week we see a Breakout on the downside. The Pair left the tradingbox, the former Supportzone turned into a possible resistancelevel. IMO the Zone between 7,85 - 8,2 seems to be neutral - here i don`t think a trade makes sense. As Long as the...

The_Cannalyst Updated 

Since 2010, a really loadable bottom @ 28$ established itself. Several times HONDA tested this "buying-Niveau" and was bought. This Year, Honda dived through this Level and made a new low at 24.5$ After this break, Honda retested this former support Zone 2 times but could not overcome this level. As Long Honda is trading below 28$-28,75$ this Level still...

The_Cannalyst

The pivot resistance level is again corresponding to the neckline of a possible H&S. A longposition (stoppbuy) above the neckline is thinkable. TPs would be TP1: 775 / TP2: 820 Will the pivot resistance level at 680 hold, the momentum is still bearish -than u can exspect new lows, or a dip to the last former low at 540 fomer analylis:

The_Cannalyst Updated 

Chesapeake couldn`t reenter the trend. IMO the chart just brightens if CHK could trade above the last High at 5.14$. Below that level between 5.14-6.13 the situation seems to be strong bearish. Will CHK trade below 4-4,05. the next cyclical TP could be the neckline of the bif H&S @ 3.60$. Below 3.60 the targets of the bearish H&S are: TP1: 2,60$ / TP2: 1.80$!...

The_Cannalyst Updated 

Should the Support @ 4.9$ not hold, a further downwave can be exspected. TP1 could be 4,3$ / TP2: 3,5$ The Chart only brightens with trading above 6,6$.