Direction of prices depending on the holding or breaking of the Gann fib rays
Comment:
Different view - Pennant
Comment:
Xvg held the 1x2 - Should see 1190 at the top 5th arc, resistance at the blue 4th arc and 100% fib
Comment:
Xvg held the uptrend like a boss - Resistance here at the arc and 100% fib - If the uptrend of the 1x2 Gann fib ray holds then the price is headed to the next arc
Comment:
Hitting some resistance here
Comment:
Xvg finished the chart - Trade closed
Comment:
My trade closed at the 5th arc on the main chart but there is still room left in Xvg up to around 1600 - Good luck *)
Comment:
Xvg has broken the parabolic uptrend - Next level of support marked by the blue bands
Comment:
Verge briefly left the building but is returning to rejoin the blue Gann 1x1 fib ray - The candles need to hold on the 1x1 for more upside
