richybitch

gann box with a trend fib

Long
richybitch Updated   
FX:USDTRY   U.S. Dollar / Turkish Lira
trend fib applied starting from 18/09/17
take the gann box for the horizontal scale use the top of the trend fib. for the vertical scale use the significant high and lows.
from price 0.5 to time 0.5 make 45 degree angle. and lock the chart scale.
draw your trend line which is 17 degree.
and the cycle after that (with the same method of applying gann box) ends up having a degree of 52... 52-45=7
price top might be also 17TRY for this cycle.
time forecast might be
1771 days
17*17=289 weeks
07/07/2022

Comment:
going as expected!
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