The_Cannalyst

The_Cannalyst

For further Details have a look at my former Analysis: Dax 1-2-3 Short ahead! - Possible target: 9.385 The Alternative szenario of my former Analysis seems to be the sucessful one - the requirement for this alternative Szenario is a market below 9.720 -deciding is the Close price today. When Dax drops through the last valid "2" (red 1-2-3 counting), the next...

The_Cannalyst

target = ath ?

The_Cannalyst

The Alternative szenario of my former Analysis seems to be the sucessful one - the requirement for this alternative Szenario is a market below 9.720 -deciding is the Close price today. When Dax drops through the last valid "2" (red 1-2-3 counting), the next downwave can be exspected. The Signal is a very strong signal because it is supported of the SMA200 (used...

The_Cannalyst Updated 

The decision was made! Faster than exspected, Apple crashed and converges to the Pivot Support Level at 93$. Could Apple not defend this Level, a further downmove till 60$ could be exspected. At the actual Level, 2 different trades can be made. 1: Midterm short trade with Stoppsell @ 90-91$, SL 108 and TP 60$! 2. Tripple-Bottom-Fishing: Entry Now, SL between...

The_Cannalyst

Is the uptrend history or can CHK reenter the trend and make a new HIGH? When you believe in 1-2-3 pattern ( ), the opening of a shortposition below the last valid "3" is thinkable. TP could be 1,55$! Cyclical Longs can be opened with Prices > 5,20--> TP 8$ The Zone in between 3,5-5$ seems to be neutral

The_Cannalyst

Since 3 years the stock is trading in a sideway-range 15.0$-18.0$. This year the stock traded below the strong Support @ 15$ and the result of it was a selloff till 11$. From then on, the stock climed again, established itself a shortterm uptrend and testet exemplairy the old Support Zone which turned into a strong pivot resistance Level. Here is also based the...

The_Cannalyst

The king is dead - Long live the king :-) Will we see a "Buy on bad News-Move"? The longterm Setup is clear bullish - DIS just knows one direction....upwards! Since August 15 we see a big consolidation Zone, which reaches from 85-120$. Perhaps we now could see a test of the range`s upper edge @ 117$. Above the last Big Highs, Longs are getting very interesting....

The_Cannalyst

Bitcoins are forming a big bullish triangle. With Prices above 470$ i exspect a massive up-wave with TP 610$ - this is just a technical view! SL can be installed below the actual uptrend.

The_Cannalyst

The Index has reached the bottom edge of its midterm uptrend since 11.02.2016. At this niveau some buyers joined in the game and the result is, that the index closed 3 days in a row positive. The shortterm downtrend (10.470-9.730) is still dominant. The Chart will brighten with Prices above 10.200 (above the maximum correction Level, the 61,8 fibo-retracement @...

The_Cannalyst

MJNA schafft es die Tage den seit März 2014 dominierenden Abwärtstrend zu besiegen. Unter massiven Umsätzen wurde die Aktie von 0,0384$ auf bis zu 0.065$ geschossen. Verfolgt man den Chart, sind solche Momentum-Moves nichts Neues für diese volatile Aktie. Allerdings brachten diese kurzen Käufe nicht wirklich eine Trendwende mit sich. Der langfristige Chart ist...

The_Cannalyst

IMO the correction we see this moment has just a shortterm consolidating character. The consolidation down to 1270$ was just the minimum correction of the last upmove (1228-1301)..we hitted the 38,2 fibo-retracement. If xau will not trade below the 0,5 fibo respective 61,8% i exspect new Highs, because i clearly see the bullish flag pattern with TP @ 1420 ....

The_Cannalyst

Interesting 1-2-3 Setup. The midterm downtrend is full intact. Today the Pair has reached the upper edge of this trend. Swing Trader would prefer a short Position at the actual Level, with SL based near the last High, the last "3". This is the risky Setup. A risk reduced Setup is the caclical shortposition, which can be opende, when we trade below the last LOW,...

The_Cannalyst

Dax short-Chance - good for 150 points

The_Cannalyst

The Pair is bullish with Prices above 1.1015 with tp 1.1080

The_Cannalyst

The former Resistance Zone located at 600$ turned into a support zone. Amazon hitted exactly this niveau before the news were publicated. With these good news, we will perhaps see the end of the latest consolidation and a run to new Highs. On its way up, two resistance zones stand in the way. 1 Resistance Level = 625$ , These are the former shortterm-Highs 2....

The_Cannalyst

The Pair has reached an interesting trading Niveau. 1. You can try to catch the Rebound of the Little intraday selloff, with entry at the actual Level, TP1 (38,2 fibo) / TP2 (0,5 fibo) / TP3 last high @ 111,8 2. Stoppsell below the Bottomx4 with TP @ 105 and SL 108

The_Cannalyst

Gold on it s way up or will the consolidation go on? Former Analysis: Double Bottom or new selling Signal? XAU is near it s former low at 1.071$ . With Prices below that Level, the downtrend will perhaps tighten with the tp, mentioneds in my former Analysis (TP from the flag) at 1.035$. Could the Level at 1.070$ be defendet, xau has the Chance to develop a...

The_Cannalyst

Basics of Market-Techniques Basically there are 3 kinds of traders in a market: -Those who are positioned LONG – they exspect rising prices -Those who are positioned SHORT – they exspect falling prices -Those wo stand on the sideline – they are FLAT and waiting for a good entry These three groups are responsible for the fact that a price determines,...