The_Cannalyst

The_Cannalyst

Since the market crashed to its LOW @ 9325 a very fast Rebound started. The upmove reached till the Region of the 38,2 fibo-retracement - the minimum correction Level @ 10.230. At this Level the market turned red again. This conolidation seems to form a bullish shortterm-flag (blue). But the likelihood that the flag will be triggered is not very high, because the...

The_Cannalyst

Isn`t that nice? If you like my analysis and find it useful, please take a second and hit the LIKE button and follow me. It takes some time to create these posts and your LIKES let me know it is helpful to you. As always, any comments are welcome. Agree or disagree. 2 months ago i made following Analysis: Update: DJIA still caught in the Box DJIA is...

The_Cannalyst

History is repeating itself? Since 2011 we see the usd in a longlasting and strong Hausse. The US-Market went up with Dax in tow behind. The emerging markets were faced against a very difficult macrooeconomical set because they did hold debts in usd, which are nearly corresponding to a shortposition in the usd. The usd appreciated during the interest rates went...

The_Cannalyst

Wow, it really was just an ugly dead cat bounce! Nasdaq reentered the in my former analysis mentioned trading box and crashed furthermore through the ema 200 - a longterm selling Signal appeared. The sellout reached till the uptrends bottom and kissed exactly!!! the Extended fibolevel 261,8% ! Thats phatastic that a Turnaround started from this Level on! The...

The_Cannalyst

When we have a look at the longterm Chart we see a clear and very wide downchannel. At the beginning of 2015 we have kissed the downtrend channels bottom @ 1,04. From that Level on we started a Rebound nearly till the Minimum correction fibo (38,2) . here is also based the EMA 200 as a resist. Now the Pair is forming a bearish flag! (blue). This bearish flag...

The_Cannalyst

Is it perhaps time for a Little Rebound? The RSI signs, that the market is very oversold and it seems that the indicator will turn into the buyingzone > 30, the likelihood of a Rebound increases. If Oil could brake it s downtrend @ 40,25$, a Rebound to the former breakoutlevel @ 44$ is thinkable. But as Long as Oil is trading below this (yellow) trendline it will...

The_Cannalyst

These days we have seen an overshooting market. The Pair seemed to beat it s strong resistance Zone but this Zone between 1,139-1,15 could not be conquered sustainably at the Moment. The Zone turned again into a big resistance Zone. Prices below that Level turn the Chart again bearish! A possible target at the downside could be the Grey "3" at 1,125 Only Prices...

The_Cannalyst

Selling the Pullback was a great idea! Now we see the next sell-signal with target @ 12,5$! Former Analysis: Sell the Pullback??? My expectation from my former analysis did not occur - but my exspectation of my analysis "On its way down " is right again. The shortterm downtrend broke and silver jumped to it s breakout Level @ 15.40$ again. This Niveau is...

The_Cannalyst

These days we have reached the TP2 of the SHS. former Analysis: New Cyclical Low? The neckline Support turned into a resistance. The main trend is still bearish. With Prices less than 0.726 i exspect the next downwave to my max. target shs @0.7036 The Chart only turns bullish with Prices above 0.7462 AUDUSD reached Target1 TP1 The Pair reached TP1, the...

The_Cannalyst

On i s way up! former Analysis: Longterm Trade Idea - FlagTrade In the chart i have a nice example for a 1-2-3 pattern. The "real" trigger for this flagtrade is the former High, the "2". Above this level, the 61,8 fibo @ 1,749 might be aimed. The flags bodys upper edge is already triggered, but thats a weak technical sign. In the chart i show a possible...

The_Cannalyst

The breakout move reached it s target @ 1,336 @ the uptrends upper edge. A pullback can be exspected. If this pullback starts at the actual Level or at the"overshoot"level @ 1,35 has to be discussed :-) New Long-Signal If you like my analysis and find it useful, please take a second and hit the LIKE button and follow me. It takes some time to create these posts...

The_Cannalyst

The market closed 4 days out of his BB - so the likelihood of a shortterm Rebound has to be exspected. On the way up are based several resists. -gap bottom edge @ 9.925 -old trendline @ 10.100 -38,2 fibo-retracement 10.220 -0,5 fibo @ 104.91 -the breakoutlevel from the former low @ 10.650 Should These resists hold, a bearish flag may be formed! This Szenario is...

The_Cannalyst

Example for a sh-nckline-breakout-trade - but it is very tricky, because the treade is against the maintrend!

The_Cannalyst

My bullish midterm view not stands on solid ground anymore! These days we see a massive selloff. Within 10 Tradingsessions the market lost 1770 Points or 15%. Such a selloff is historical and statsitical very rare and not "normal". First the break of the SMA 200 triggered many strategic stopps. The Break of the former Low @ 10650 triggered the next sl-wave. Today...

The_Cannalyst

USDCAD - New Breakout Chance Today i see a new buying Signal in the Pair. Alle the WMAs underlie the bullish momentum. If you like my analysis and find it useful, please take a second and hit the LIKE button and follow me. It takes some time to create these posts and your LIKES let me know it is helpful to you. As always, any comments are welcome. Agree or...

The_Cannalyst

These days we have reached my TP and the longterm Support = MoBUpdate:PAIR @ its Make or Break Level again! Today the Pair reached the MoB again. My former Analysis is still valid! Former analysis: PAIR @ its Make or Break Level The shs didn`t appear. The Pair reached a very interesting Level @ 0,6545: This is corresponding to the last LOW ("2") and...

The_Cannalyst

These days we reached the analyzed TP. In the longterm view we testet the longterm-longtrigger today. Sustainable Prices above the big "2" generate a BIG LONGSIGNAL Former Analysis: Pair @ MoB again! Longsignal reachable! My former Analysis is still valid. In the Chart i Show a possible longposition with entry, sl & TP. Good luck! Former analysis: Faster...

The_Cannalyst

The exspected unexspected wave haxs become reality. Since months, the market led us to beliefe in a bullish correction Phase. The consolidation was first bought at bthe ema200/sma 200 and seemed to be bullish again. Now the Chart has turned deep bearish in the midtermview. Perhaps we see a huge Turnaround market... 1000 Points down? This morning we see a...