The_Cannalyst

The_Cannalyst Updated 

After the bigger upswing from 65,7 up to 73,6 we see a healthy consolidation. Ideally this consolidation could end at the min correction fibo 38,2. Here is also based the EMA, so potential technically orientated buyers could stand there to catch the possible anticyclical swing. Above 73,65 the “sky is the limit”

The_Cannalyst Updated 

Inverse H&S?Oil should not fall below the "possible" right shoulder...watch the neckline

The_Cannalyst Updated 

We are trading exactly at the Pivot resistance Level - this is the Make-or-Break-Level! The RSI signs an overbought Situation, so we perhapas should exspect a tiny consolidation before we see the BO. The TP could be 76,75$

The_Cannalyst Updated 

Yesterday we have seen a classical reversal candle. Let`s see...

The_Cannalyst Updated 

waiting for a decision

The_Cannalyst Updated 

The longterm uptrend is still in full swing. These days, a breakout-attempt with TP @ 270$ started. Above 290 $ all lights are green. The Chart gets a bit cloudy with prices below 175$ - the EMA 200-level.

The_Cannalyst Updated 

Will the exspected shortterm selling wave trigger the midterm selling wave?

The_Cannalyst Updated 

Nice simple looking Break-Out Setup...

The_Cannalyst Updated 

Ready for TakeOff? Will we see the next BO?

The_Cannalyst Updated 

Little Shortterm flag trade? Possible TPS. 45,05 / 45,4

The_Cannalyst Updated 

There are no fundamentals which would justify the actual price niveau. As Long as we are trading below 1.88$, the risk of a selloff increases ....Only Prices above 1.88 will brighten the Chart. IMO the likelihood is very high that we will see Prices like before the Hype ~ 0,5

The_Cannalyst

The move was crazy - like so often :-) The Chance-risk Ratio with a stopp near above yesterdays top and a tp @ fibo 38,2 is inviting :-)

The_Cannalyst Updated 

Can conti break the sideways-range? The Level between 196-205 is hard to beat...but if.... :-) Waiting für the BO!

The_Cannalyst Updated 

Trading above the nbeckline would Trigger the H&S

The_Cannalyst Updated 

A nice 1-2-3 Play here...

The_Cannalyst Updated 

For risk Lovers: Let`s try to catch the flag at the 0,5 or 61,8 fibo anticyclically. the risk-Chance -Ratio is good there. TP1 118,7 TP2 126.5 ;-)

The_Cannalyst

ZYNE midterm Performance was strict bullish. We played a nice 1-2-3 game since May 2016 - but last week ZYNE broke through this uptrend, the upmomentum is getting weaker. If we could trade above 18,26, the Chart remains bullish, below that Level a trendchange could start. The yesterday reached Level is an interesting trading Point: Why? 1. At the present level...

The_Cannalyst Updated 

Trading below the illustrated supportlevel should initiate a selling wave down to 12.560. if we can trade above that Support - a Long Position has a nice Chance-risk-Ratio with a sl short below the Support Cheers Anticyclical Long example: procyclical short example (my favourite :-) )