gan swing trading

FX:USOIL   CFDs on Crude Oil (WTI)
157 2 6
looking at a long setup in usoil             . the green lines are a gan swing overlay. Gan has a trading method of using a 50% counter swing equals a 100% trend swing. So from the low at 37.7 to the impulsive move up to 49.3 we then get a pull back of 50% to current price level.
This is now were a counter trend signal long could be taken. Gan rules on counter trends is 1 to 4 bars. So the current long signal would be a break of the previous counter trend weekly bar high at 46.35. If we don't see a weekly high in the next 3 weeks then probability of reaching the 100% level is lower.
I think this is a practical set up with price in a pendant on a 4hr chart ill post below and would still leave oil             in a down ward basing channel after hitting the 100% level.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out