EOSUSD has just broken through the 0.618 circle and I think it will go further down next 10-15 days. New target (currently short position): 5.1$ - Gann Square shows where next turning point will be. - 0.786 fib circle confirms this. - Gann Fan lines also confirm this. - Elliot Wave Theory fits in. - 0.5 fib reversed local from leg 5-4 says the same.
Look at that Guys, BTC Is following the exact path it took recently! Now the main question is, Will it go and hit the major downtrend line? (Yellow Parallel channel) In my opinion, it will! and might slightly stretch that bullish trend and then get right back down! using Parallel Channel and Fibonacci we could see what is actually happening. If you are looking for...
i like the fibs from the first day candle to the low + gann 2/1 support LFG
My original idea startet at beginning of April and has been very profitable till now: Long position was made 1.April because: - 0.886 fib circle indicated a turning point. - The inner Gann Arc was about to be reached (happend some days later). Short position was made 5.May because: - 0.5 fib circle indicated a turning point. - The outer Gann Arc did a perfect...
I am a rookie and learned a bit about W.D. Gann this week. If you have any thoughts about this idea feel free to leave a comment. Special thanks to @HamadaMark
It is starting to be interesting with XAUUSD at the moment - here are two possible paths: Short position: - Wave 4 is completed (ascending triangle pattern). It should bounce down and break through the support line. - C-leg on a possible Gartley Pattern is completed. - It breaks throug the mid arc (It has tested this one twice). - It should descend all the way...
Long term |SPX| chart presented in a Gann Geo setup. 2623 support level test is expected. Cheers, Keops
GANN |GEO| setup in variant configurations. Pressure is coming (1x1). I may suggest that you zoom out a bit to enjoy the big picture. big picture: Cheers, Keops
I think it is very important to have a long term idea, and then take a closer look on the short term. By doing this I have a safety net along the path. This sounds basic but I repeat this to myself every time I do my trades. Enough about today's lesson :P Here is my long term idea on EURUSD. I think it will descend because: - Gann Fan line (blue lines) made it...
Gann geometry to a new level. Bounce to test the descending resistance. May go above will see.. enjoy ! potential if support setup is valid: Cheers, Keops
For my own reference. If you have any questions feel free to contact me. Red lines are long term targets, while the black lines are my short term targets. SL: Closing under 289
If you think BTCUSD will fall even more this summer, then here is a good setup: - Head & Shoulders are about to be completed. - Parallel lines to the bottom line of the symetrical triangel are working as resistance lines on the last shoulder. - A copy of the left shoulder gives us less than 5 days to complete the Head & Shoulders pattern. In other words it should...