The_Cannalyst

The_Cannalyst Updated 

Nice 1-2-3 pattern? Today we see the possible break of the shortterm uptrend. If this will be sustainable, a first TP could be the Fibo-Cluster. TP2 could be the former october- low. Below that level. we should see a shortterm selloff. remember my longterm view: s3.amazonaws.com today:

The_Cannalyst

The sell-off was exspected, after we saw the break of the supportlevel @ 6000. Below that level several Stopps were triggered and accelerated the downmove. Todaz, we perhaps see the start of a countermove. This Countermove could reach up to the Fibo/Cluster. But that possible countermove will not ruen the chart bullish. The momentum is still bearish AS LONG...

The_Cannalyst Updated 

s3.amazonaws.com This is the Follow up from my former analysis: Strong- stronger-nifty! We reached my TP, analyzed 05 July: s3.amazonaws.com The green counting reached its upper resistance, the upper edge of the bullish-trendchannel. RSI is still overbought, so i exspect a healthy consoliation wave the next days, perhaps could the former BreakOut -level at...

The_Cannalyst Updated 

Will we see eurcad breaking the central resist at 1.5365? Or is it a 4xBottom and a chance to fix it with puts? Opinions?