The_Cannalyst

The_Cannalyst

The 1-2-3 Breakout-Setup worked very well. Just in this Moment the Pair reached my preferred TP @ 1.0744 and possibly is forming a new "2" High- Nice one :-) 22 Pips for free :-) This should not be the end of this wave...On higher timeframes the breakout is in full swing! Former Analysis: Shortterm 1-2-3 Breakout-Setup Here an intraday example for an 1-2-3...

The_Cannalyst

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 Disney!! After the intraday dip to the Level between the EMA & SMA 200 a strong intraday reversal stared yesterday which could continue the following days. The oversold Situation of...

The_Cannalyst

Illustration of a possible longtrade idea in the hourly hhart. The fictive illustrated Position: Stopp Buy @ 0,73803 a bit higher than the neckline SL: 0.73449 TP1: 0.739 TP2: 0.7416 TP3: 0.7480 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...

The_Cannalyst

GWPH is forming a big bearish reversal pattern: a shs! Trading lower than the neckline @ 106$ will trigger the shs. The Targets of this pattern are: Minimum TP1: 94,5$ Maximum TP2: 81$ In the Chart i illustrate two possible short trade ideas - the sl should be set individually in accordinace with your own money-management If you like my analysis and find it...

The_Cannalyst

Here an intraday example for an 1-2-3 breakout. Stoppbuy @ 1,0722 SL 1.0703 TP 1.0744 Bearish Wedge & Resist versus Breakout

The_Cannalyst

INSY could not break its resist-zone @ 45$ With the yesterdays earnings the stock nearly crashed to ist former low @ 38,6 (The in my former Analysis mentioned "shakeout"-candle). This LOW is the Level to watch now! Below that Level i exspect a further selloff to the longterm channels bottom edge @ 33,5$. Only Prices above 45$ will brighten the chart. and turn...

The_Cannalyst

You can`t escape the power of a flag :-) TP2 reached. With the yesterday`s Q-3 results GWPH crashed to its mentioned TP2 of the shs @ 101.77. GWPH was traded intraday till 103,06$. Thats`s really har but it was early predictable. GWPH closed on its Bollinger Bands & trendchannels bottom edge. IMO that should initiate a little Rebound. For a possible reboundtarget,...

The_Cannalyst

If the actual Level (round about 126,15-128,82) will not be bought soon, the risk of a bearish shs increases. Will the SHS break the midterm UptrendTrend sustainable? We will see :-) 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...

The_Cannalyst

Since 2014 Tesla is trading in between a Trading-Box. The Box reaches from 183-270$. The last weeks we have reached the upper edge of the box. This is a nice Level to short Tesla. SL should be above the box`s upper edge. Target is the bottom edge of the Box. The bottom of the edge is furhermore corresponding to the 38,2 fibo (28-292) - this should be a strong...

The_Cannalyst

Buying the Retest was a good idea! Now the Pair nearly has reached the bottom edge of the longterm trendchannel. This could be a niveau, where a consolidation can start. For those who want to hold the Pair a bit longer, a stoploss-adjustment makes sense. Former Analysis: Buying the retest The pullback ended @ the old breakout Level. A new Long Chance?...

The_Cannalyst

Here are two trading possibilities: LONG or SHORT Bullish Szenario: Stop Buy @ 1.07018 (valid "2") SL 1.06543 (below the wegge bottom edge :-) ) TP: 1.07903 (trendchannels upper edge) Bearish Szenario: Fix the actual Level @ 1,069 SL 1.07018 TP1: 1.06608 (wedge bottom edge) TP: 1.0618 (trendchannel bottom edge) I prefer the Long Szenario, because i am a trend...

The_Cannalyst

5 days i announced the long trade idea: At this moment the Long Position got filled: 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. Preparation for Flag-Trade ...

The_Cannalyst

Today we see a huge DOWN- GAP - sell on good News! If you have a look at the longterm Chart it seems that this stock never could fall :-) You not very often can see such strong uptrends. Normally Gaps get filled..For shortterm-ttrading i exspect a Rebound to the minimal correction fibo Level 38,2 = 114$. .. I think the strength of the stock will come back, so...

The_Cannalyst

Long when the pair is trading above the last "2" 1,06672 --> TP = 1,06768

The_Cannalyst

If the Pait can beat it s last valid green "2" a BIG LONGSIGNAL appears. If the Pait could not beat the last High @ 1,0688 a DOUBLETOP is possible. Watch this Level!

The_Cannalyst

If we have a "cyclical swing-view", the next wave should be a downwave. Trading above the last valid "3" generates a shortterm-buyinig-Signal. If the shortterm uptrend will break at the actual Level and makes a "maximal" correction to the 0,618 fibo, a right shoulder can be formed. This is then the Level to watch. Every Price below this Level @ 0,6635 would...

The_Cannalyst

Silver is following exactly the 1-2-3 green trend-counting! Trading below the last green "2" generates the next shortsignal with target 14/13.5$ for further Infos about my counting have a look @ former Analysis: On its way down: The strong support @ 15,35-15,5 did not hold - the sellout began. The exspected rebound to the breakoutlevel @ 15,5 also...

The_Cannalyst

The downmove is still going on. The Rebound of the last 2 tradingsessions are imo just a tiny dead cat bounce on ist way down to 45$. The broken neckline is based near ist actual 38,2 fibo of the downmove 58,87 - 49,21. i hold on on my bearish view: We have reached the pivot support level! Today we have reached the Pivot Support Level (former Low) A...