Hi everyone, first of all that's my first 'idea' here so I'm glad to hear any comment you may have.
On the Gan's square of nine it seems like the 1x1 Fan (the green line) has created a support level for the couple of days on the 2 hours chart. Shall the trend continue it may bring the price above 950 before the end of January.
Buy signal would be a candle closing above the 2nd arc pair (the green arrow) that would trigger a push or a small raly to the 3rd arc pair around $944.
Sell signal would be a breakthrough bellow the 1st of the 3rd arc pair (the red arrow).
On the Gan's square of nine it seems like the 1x1 Fan (the green line) has created a support level for the couple of days on the 2 hours chart. Shall the trend continue it may bring the price above 950 before the end of January.
Buy signal would be a candle closing above the 2nd arc pair (the green arrow) that would trigger a push or a small raly to the 3rd arc pair around $944.
Sell signal would be a breakthrough bellow the 1st of the 3rd arc pair (the red arrow).
Comment:
Sorry, the red arrow should be above the 1x1 Fan line (the green line)... noobie mistake ;)
Comment:
Target wasn't reach, fan support broke so the projection isn't sustainable.
If the price hits the 1x2 Fan Support line and support holds after the 4th arc pair then we might see a very small rally up to $934... verdict on the 31st of January ;)
If the price hits the 1x2 Fan Support line and support holds after the 4th arc pair then we might see a very small rally up to $934... verdict on the 31st of January ;)