The_Cannalyst

The_Cannalyst

Gold is forming a bearish flag on it s way down to my TP2. The flag edges are the possible tradingmarks. Trading above the flags edge can open the possibility to start a retest of the big necklinebreak. Trading below the flags bottom edge means a futrher shortsignal with TP 1035 BIG SHS: On its way down to the max target @ 960-980 Reached all Targets!!! ...

The_Cannalyst

The Traders dream came became true! The pullback stopped @ the 61,8 fibo. Since we have seen the Low @ 11.040 the market decided to go up further. Now we have resached zthe max. pullback Level, the 61,8 fibo from the way down 11.750-11.040. This Level could be a possibleTurnaround Niveau. Bearish Szenario: Should the ultrashortterm trend be hurt (Grey arrow) we...

The_Cannalyst

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 weakness (3?) and can break the ultrashortterm downtrend (mangenta line) it will be possible, that we will aim the last High ("2" @ 1,5255) - If the Pair can...

The_Cannalyst

SInce the Index made the High at 100,5 a consolidation started and ended near its 38,2 fibo (from 79,5-100,5). The consolidation is associated with minor highs. Now it seems that the index gathers strength to conquer ist former High at 97,85. Trading above this Level will generate a Long Signal. The TPs are 99,8/100,5. For further Information about the...

The_Cannalyst

It seems that the Pair is forming a bullish shs. If the Formation will be triggered, the longterm downtrend has to be discussed. The possible neckline is based near the trendchannels upper edge. i hold onto my former bearish Analysis for the pair ( - At the moment i see on the one hand the chance for a double bottom with basis 1,08. The target of this...

The_Cannalyst

Bearish view: The rejection from the 200-days EMA, and minor descending resistance for the latest bearish wave suggests a potential resumption to the downside. The cluster of moving averages holds well, and price heads lower breaking the support @ 0,638 for the recent consolidation (triangle). A possible TP can be the last low @ 0,6275. Bullish view: The...

The_Cannalyst

The break of the neckline let the price drop to its trendchannel bottom edge. At this niveau, a consolidation between 110,75 - 116 started. This is the neutral Zone. GWPH is forming a bearish flag. This results in two tradingmarks (yellow arrows) : Short trigger: 110,5 - TP 121,5 (trendchannels upper edge) Long trigger: 116,5 - TP 101,5 (target of the flag and...

The_Cannalyst

The Pair reached TP1, the min. target of the shs. Now target 2 @ 0,7 can be aimed. former analysis: The H&S is triggered. The neckline is based at the "2" - a break of it a nice 1-2-3 pattern () IMO a retest of the neckline should be exspected before the final "sell-off" comes. A retest is typical for H&S and a good entry for shorts for those who have missed...

The_Cannalyst

EURRUB nearly reached its target. I exspect a pullback @ 69,5-70,3/71. The pullback max. niveau could be @ the former breakoutlevel @ 66,95. An overshootong till 73,25 is also possible. former analysis. The pair formed a new "3" @ 61,05 (you had to adjust the trendchanel) before the breakout level - the old valid "2" @ 63,6 could be taken out of the market....

The_Cannalyst

Here a breakout trading idea. The Long Trigger is the neckline of the shs. I have illustrated 2 possible Long positions, one is ultrashortterm the other shortterm :-) The Szenario is only active if theprice of the pair will not be fall below the level of the left shoulder

The_Cannalyst

now we have to adjust our stop to secure the open position

The_Cannalyst

The former idea was goog, the sl too tight. Next try. I don`t trade it, just want to Show my ideas...

The_Cannalyst

For further Explanation of my idea have a look @ my former Analysis. The Price should not jump again into the mentioned tradingbox for the short. If ithe pair jumpes back (above 1,0964) , this has a character of a false breakout....then i exspect a fast upmove to the tradingbox upper edge @ 1,099...

The_Cannalyst

The consolidation stopped @ fibo retracement 0,5. When that Level establish a Support, the possibility is given to see new Highs. Trading above 1,5145 generates a first target @ the former HIGH @ 1,5275, above that Level i exspect a new High at the trendchanels upper edge @ 1,5510

The_Cannalyst

2 Long positions are interesting for a possible breakout. For tradingmarks have a look @ th chart

The_Cannalyst

Long or short is possible..have a look at the trading-box-edges

The_Cannalyst

fictive longposition @ 1,06087 sl @ 1,0593 / tp1: 1,0625 / TP2: 1,06478

The_Cannalyst

Trading above the resist @ 124,1 generates a possible TP @ 124,25 / 124,42