i assume of new uptrend cycle when price break first Gann fan.
so the new uptrend Gann fan was drawn from there.
we can see price lingering along 1/1 Gann angle. it is expected price will land on crossing of 1/1 lines before it goes up to the next level.
it is expected to reach TP about 0.485 in end of september.
This is a new TA of SAPNRG (Bursa Malaysia) after its surprised announcement today on second-half of trading session.
the small red square is where the price expected to cross at the date shown at the bottom of the chart.
but, more importantly is that for today price to close in Gann Fan 1/8 that is above 0.475. otherwise it is like game-over for a while.
To establish harmonic cycle is crucial in Gann TA.
If boxes above are harmonic, then it is predicted that price will pass thru all four small squares denoted by black arrow.
Hence, we can establish expected price and dateline; which are:
- about 0.465 around 5 september
- about 0.525 around 10 october
pivot point at price 0.64 was chosen as it denote the beginning of uptrend cycle. confirmed by RSI.
from the pivot, price moving up and reacted at Gann line 0.5 and went down to Gann line 0.25. this is 1/2 retracement which stated by Gann as usual retracement.
Price is expected to move up to 1/1 (45 degree line).
expected price reactions as follow:
- about 82 ...
- the up-trending has begun.
- price nicely follow Gann box, reacted a short sideway, and now price is catching up with the 1/1 line.
- QR for this Co is just around the corner. trade with caution pls.
- quite difficult to draw box coz it is hard to determine the cycle.
- the overlapping Gann box because of assumption of few starting cycles.
- Price has followed redbox tell the border, which we can expect price will react, around 20/8, and follow new greenbox, hence starting of uptrend of this stock.
- if cycle follows the overlapping greenbox, then price is ...
The bullish divergence on the 1h and 4h charts have stopped the downtrend at 1.1298 which is considerably low if we are to count the pips from 1.2555 this year high. Inverted H&S developed first on the 1h chart and then on the 4h chart that propelled the price into the 1.1444 zone and could fuel for more in the upcoming days. Our mission is to identify key ...
After hoping for a doble bottom that was masking a descending triangle maybe you are wondering for a support. We have one at 5800 satoshi! It is aproching very fast and 2/1 angle should still remain very close.
Which 2/1 I am talking about :) ?
Yeah, there are at least 4 parallel dynamic resistance that should trigger more and more buy, so fast your belt and good ...
Britains Most Censored (Non-Military) Stories
by Tyler Durden Wed, 07/04/2018 - 05:00 via TruePublica.org,
In this article, we have attempted to identify the most censored stories of modern times in Britain. We have asked the opinions of one of the most famous and celebrated journalists and documentary film-makers of our time, a high-profile former Mi5 ...