The_Cannalyst

The_Cannalyst

We have reached my exspected level -the target of the sh-pattern. Now it s getting very interesting. This Level is a potential selling zone - a MoB - the R/R for a short looks phantastic. Can the eurusd brake through that selling zone, a big buying-signal would be generated.A possible target of the Breakout could be the 62,8 fibo-retracement @ 1,1755 from the move...

The_Cannalyst

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 LongTrade with entry, tp and sl. Please adjust the sl-distance to your...

The_Cannalyst

DISNEY is exactly following my arrows ;-) It seems that the open upgap will be filled too...than at the bottom of this gap we can think about a possible rebound! weekly: Withe my former Analysis i was wrong! The selloff after the earnings continued yesterday. The selloff from the Level @ 122$ is a massive drawdown and a big Thing for a blue chip like...

The_Cannalyst

The market is very oversold. Have a look at the RSI- intraday he tries to make a reversal in the buying Zone. The market started in the early tradinsession with a downgap at 10.107 Points. At the Moment the market is trading round about 250 Points higher. Do we see a nice shakeout-reverse-candle? Technical Update: The ultrashortterm downtrend since 11.08.2015 ...

The_Cannalyst

Weak - weaker -DAX! These days we see a selloff! Now we have reached the flagbodys bottom which is based near the 61,8 fibo retracement (8338-12388). The market is massive oversold, i exspect a rebound from this level @ 10.000.

The_Cannalyst

example for a possible shortterm longtrade

The_Cannalyst

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 former Analysis:AUDUSD reached Target1 TP1 The Pair reached TP1, the min. target of the shs. Now target 2 @ 0,7 can be aimed. former...

The_Cannalyst

My former Analysis is still valid. In the Chart i Show a possible longposition with entry, sl & TP. Good luck! Former analysis: Faster than a speedy bullet! The in my former Analysis mentioned supportlevel @ 1,4955 is broken. The Pair has reached very fast its trendchanels bottom. This is the level to watch! Bullish szenario: When swingtrader will buy...

The_Cannalyst

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 DIP at the 17.12.2014. This should be a MoB-Level. Trading below that Level means a strong shortsignal with...

The_Cannalyst

Nice flag in the 4h-chart. Here an example for a breakout Long trade. In the chart you see the possible buy Trigger, the stop loss and the TP. Can the flag initiate a longterm Long Trade? Update: GBPUSD reached Selling Zone / Breakout Zone The Pair tested 9!!! times the Level between 1,5645- 1,5685. When it worked 9 times to short that Pair, will it work...

The_Cannalyst

This morning we see a down gap under his former Low @ 10.814. At this Level the market reached it s desicion Level! The EMA/SMA 200 are the central supports/resists to watch. The next weak Support could be the former LOW @ 10.600-10.650. Below that Level i exspect a fast sellout which can reach till the region round about 9.850 Points! That means that the...

The_Cannalyst

Trying to sell the former low... this short Szenario is only active if we make no higher high than 10.927 i don`t trade it - ist just an idea... If the Low will be bought, a dounble bottom can be formed Long: Stoppbuy > neckline... As Long as Dax is trading below 10.990, a new Low @ 10825-10.800 is thinkable. Above 11.040 you can assume, that no further lows...

The_Cannalyst

Today we have seen a long wick till 10.800 - the market closed 175 points higher but below the ema&sma 200! It´s a very dangerous situation! A close under these moving averages is able to initiate a sellout, because many market participants put their stopps near that level. !!! The today`s candle has a bullish character. I think the rebound can reach till its...

The_Cannalyst

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 disagree Former Analysis: ...

The_Cannalyst

The Pair could break through ist Pivot resistance Level. I exspected that the EMA & SMA 200 as strong resists will stopp the breakout. Furthermore i exspected a retest of the breakout Level after testing the ema/sma. Exactly that happened! The former resistance @ 1,08 turned into a Support Level. Today we see the dip to the breakout Level. The consolidation of...

The_Cannalyst

The Pair tested 9!!! times the Level between 1,5645- 1,5685. When it worked 9 times to short that Pair, will it work once again? In my opinion it looks too easy to fix that Level again because the strong Resistance Cluster is too obvious. The Short Chance/Risk-Ratio is appealing. I have illustrated the possible short Position in my Chart. IMO, the resist will...

The_Cannalyst

Nearly all views i read on this platform are bullish @ that level - many think about a double bottom as a trend reversal. But dipping the former Pivot LOW is not yet enough to signal a trend reversal. Perhaps the exspected Rebound (dead cat bounce) is just good for scalping. (My maximal target for a possible Rebound is the 38,2 fibo (38,85-61,55) - but i don`t...

The_Cannalyst

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 corresponding to the Minimum correction fibo 38,2 Level . This is the MoB or the Level to watch!!! Bullish view: Should silver enter...