Not much explosiveness here, Gnt's powder is damp and needs the flash of some cash to pick up the low volume - Currently on support of the Gann 3x1 fib ray but at resistance at the arc pair, you can see the effect the previous arc pair had on the price - Gnt candles may well slip off their gun carriage and drop to the lower fib rays shown in different colours - The lowest is the Gann 8x1 which runs at 7 degrees and is the major uptrend that the price eventually returns to after bouncing like a dambuster bomb down the fibs - If you're locked and loaded in Gnt it would be wise to keep the safety catch on
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When i posted this chart Gnt was failing this pennant but it does have a chance if it can recover here
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Looking better as the day progresses
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Gnt Recovered the 38.20% fib in time to open todays candle above - Looks much more positive at the moment, could be a ticking time bomb
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Has someone lit the https://fuse....https://www.tradingview.com/x/52dlouWM/
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Fuse still burning
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Gnt failed the flag - Sliding down the arc to the uptrend
Love the gann you post! Gonna hit the books and study gann today. Any good resources or YouTube videos you can be point me in the right direction?
Nom_de_Guerre
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@rawasduke32, Thanks very much *) A lot of people have asked me about this, the scaling is the key to accurate charts, i will build up a resource and share it. Theres plenty more Ganns on my page
rawasduke32
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@Nom_de_Guerre, sweet! yea man, I came across you last night and went though a bunch of your stuff. On this chart, GNT does need some TNT lol