$US30 is approaching a major hurdle with Double Top formation in place. If this hurdle is crossed and if $US30 manages to close above 35650 levels for consecutive 2 Days, then Sky would be the limit for $DowJones and $US30. Then DowJones would enter into a new orbit and will form its own new support and resistance levels above the current levels. Untill it closes...
1. Using Gann square of 9 to determine potential support and resistance level. 2. Between each Gann level has a range of 33 ticks for FCPO. 3. Combination of Gann level and support resistance to entry. 4. Knowing the market condition is a must. (either sideways or trending market)
Buy at 4,75 and 8,73 with stop loss at 2 with target of 46 and 73.
Will see...
BTC resistance levels. Stay tuned for a more detailed post, which I will do later.
The above chart shows potential price development scenarios before the expiry of this contract. The higher timeframes are showing signs of selling, any weakness in oil at this point can be justified by long interest vacating their holdings at almost a 100% gain from YTD low. Though aggressive bears might join in for a swing lower, it is imperative to be looking...
Further to the earlier ideas on the August delivery contract, I would like highlight the fact that it has now become the front contract of the Crude Light futures curve, and that it did so while being traded at plus 100% from its YTD low. When the June delivery contract went into negative, this contract was trading at around $20/bbl. Two months later it is trading...
Hi guys I went into a smaller cycle for gold to see exactly when and where it should decline and by using the WD Gann square of nine i found that we are in a very interesting point for sharp decline. Kindly like and share. Thnaks. Good luck.
LTC top might be on (1 hr chart) 1/5 at 14:00 6/5 14:00 12/5 14:00 (V.I) Square of 144 Daily chart 13/5 is a very important day (3rd square of 7 from 18/12/2019) 24/4/2020 (8th square of 4) 7/5/2020 (9th square of 4 from 18/12/2019) & 61 days from 7/3/2020 27/4-28/4 (45-46 days from 13/3/2020) 12/5-13/5 (60-61 days from 13/3/2020) 13/5 (90 days from...
Break the trend we are heading to 120. Break out of 180 heading to 210 & 240
Hi guys Gold mist probably will consolidate for the next 176 hrs or 320 hrs and it will retest 1745 on one exact number of them then it will fall 1679 and the next strong number that may stop the fall is 1643 and this is the strongest point to stop at. Good luck.
Long LTC for first target near 63.70 then 100 in near term future. We need to see on hourly chart a regain above 40.30 then one last retest of 40.30 then and explosion in price to 49 - 63.70. Good luck.
Just showing off the Gann Grid and how it almost expected every low & high on the chart! Enjoy the masterpiece!
Next 2 potential turns in dollar index: 27/08/2019 - 04/09/2019 - 13/09/2019 Watch the trend between 2 timing points to decide in which direction the market will turn on the next timing
Just something I have been working on tonight