The drawing you see has two 45 degree angles from which gann fanns must form.
The first is from the ATH downwards and the second is where the 45 degree of the ATH hits with the base level of the bull run if a 45 degree angle was drawn from that point.
This does not indicate a bottom but helps find them. In this case there are 3 45 degree angles drawn from each...
The past few trading weeks, we have seen a massive down move on EURGBP. now that we seen the price creating double bottom pattern as well as decelerate around minor demand area it might give us opportunity to go long. look for rejection around minor demand zone and confirm with low test candle before placing long...
HI Guy's this is the Super Bullish monthly continuation trend with 4$ Rule
Note : In this trend i have Targeted 1622 but it can reach upto 1700 so pls keep your equity strong as we can see 50 to 80$ or more spike at one time with super high volatility. In this volatility you may have to lose your account so, SL of at least 120$ or above should be maintained as...
Following the previous impulse, we can see now price creating a correction to the supply zone . therefor I'm taking this opportunity to go short. look for rejection candle before placing the trade.
Traders! if you like my ideas...
More about the Nebula Indicator can be found here: @TheTrex
Indicator is an amazing gann-like system that appears to calculate gann angles using sine waves.
At least that's what I can figure. TheTrex made the indi. All credit is to his system/design/work.
Price is at an important...
dock have important point =0.00000089
case 1(green way ) : if dock hold 0.00000089 then according green way
case 2(red way ) : if dock cant hold 0.00000089 then according to red way will go to 0.00000039
Daily Gann Box for those who want to follow the trend along! Keep an eye on the horizontals and the diagonals.
The STOCH is a modified one (5,3,3 - Only K) Used specifically to spot Divergences in the price action.
This will be interesting! The price is highly overbought, according to RSI (H4 chart). The price level is under Gann line (weekly one). Fibonacci level 61.8( weekly) will play a crucial part in future price development. If the price in the next few days brea that level we can see DAX on 12500.
But, I dont expect to see DAX on that level any time soon.
Hi, today we are going to talk about the EUR USD and its current landscape.
We observe at the weekly chart that the price on this asset had a false breakout of a Gann resistance that culminated in the formation of a descending channel. However, trough Fibonacci, we observe that the previously bullish wave was completely consumed and the 61% level of Fibonacci was...
Hi, today we are going to talk about Bitcoin and in a Day Trade opportunity.
We observe that the price it's realizing a compensation movement of a more embracing movement, beyond that we have Gann set up inside this perspective showing us where the Bear defense could be allocated, above the price showed into the chart. Gann on this perspective showed a great...
Hi, today we are going to talk about Bitcoin and its current landscape.
We observe at the hourly chart a interesting confluence of Gann and Fibonacci. Gann establishes the key points of the bullish bias and Fibonacci the possible targets to these trades. All possibilities are highlighted at the chart above.
Thank you for reading and leave your comments if you like.