1. MAs are used as degrees in a circle or sinusoidal wave. The MA 361* is used as it represents all 360* degrees of a yearly cycle on first use. The extra degree is there to accurately show the 1* that is lost in the 4 years until leap year gets recorded in our standard calendars
2. Important MAs of 45^ are used. I a positive cycle we can keep to 360*, 180*, 90* and 45*. In some cases of pulling from a negative phase, 135* is used.
3. A 33 MA is added to use as a 1/3 factor according to Gann's analysis of the 1/3 retraces down for a move 2/3 in the opposing direction to give 100% of a wave. In Style, this would have counted as 2 waves but not in this case. The 67 MA can be also used as a measurement of 2/3 but this is still in the experimental phase.
4. The 9MA is used for direction and also a short term support line to see where there is against the trend breaking.
In this chart, you will see that the 360 180 are being rather flat as you would expect in a ranging market. The lower MAs such as 45, 90 & 33 are pointing in the upwards direction, causing breaks in the higher MAs 360 and 180 for example.
This a bit of extra help in numerology and geometry, I have taken the golden natural numbers of 4+3=7 theory which in essence is a natural number equation to project all existing numbers beyond 7. The square within the 3 triangles around can be used to project price in the end diagonals of the pyramid.
Gann's rule of wave motion is 1/3 in one direction to go in the opposite direction 2/3 to finish a wave. The net result to this is that we gain 1/3 of a wave in a stronger direction of that trade. normally we only have 2-3 sequences of this unless we are in a strong trend.
End Analysis and Target of 1.3058 as possibly being tomorrow's high or mid point, seeing that we have had a good bull run on Wednesday. Always use your stop losses, you can place them 5 pips below one of the larger MAs such as the 360 or the 180 but when market becomes active again, the TPs and SLs will be around the 33, 45 MA depending where you wish to put targets.,,, DO NOT USE THE 1 MIN CHART. A 5 MIN chart is good to follow to get maximum exits!