As the arrows - The ascending support of the red 1x1 Gann fib ray has to hold, beneath it is bearish
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Good spot to buy as CRV finds ascending and horizontal support
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Pushing up thru resistance now - The horizontal Top of Square on a Gann chart is equivalent to an MA and is resistance when the candles are below it - when the candles are above it becomes Bottom of Square and is support
@TheSignalyst, Thx! - Fixed Gann Square - Find the bottom candle of the movement and pin the square to it - Scale the candles to meet the centre 45 degree uptrend - (the 1x1) - rt click the price bar and select 'lock scale' - the 1st arc is moveable, pin that to the top of the first impulse and you have a basic Gann that will work
Crypt-Know
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Keep them coming :) Thank you.
pz_916490
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Still bullish?
Nom_de_Guerre
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@pz_916490, Well it slipped off the red trend line, like i said in the post this was important to hold, gann charts are good 4 getting you out quick when that ascending support breaks - the candles will look for the 23.60% fib and the next ascending fib ray down and try to break the downtrend of the 3rd arc pair it just failed at
pz_916490
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@Nom_de_Guerre, thank you mon ami! Ill follow you. Good ideas