The long target is drawn near the thick blue line which overlaps over major Cosmic Channel Lite resistances spanning 3 timeframes, showing a thick ceiling that may possibly bring about a large reversal.
The signals in the chart point towards a likely continuation of the recent drop with a short target at around $560.
UNITED AIRLINES HOLDINGS, INC price has mostly been below the 1D Cosmic Channel Lite basis line since the start of Corona but has now broken above it on attempt number 3, albeit for the second time since the pandemic began. The 15 minute chart provides the context needed to determine if this breakout will hold.
EURUSD is ranging inside a stable channel defined by both minor bullish and minor bearish signals over both timeframes. On the 1D timeframe the price is in a larger bullish trend with major resistance at "Basis line" level hovering under $1.15
Phi boxes and rays on a silver chart. Cheers, Keops
Testing a new approach using forward box (window) with magic pitchfan in the corners and gann wheel geo. Cheers, Keops
Working on our homework assignment for Hasani. My assignment was to use the Rays to begin marking up my charts. Tracking for trends in GBPUSD. My question is.. when placing the ray do you place it at the close of the candlestick or at the wick?
These rays from January 2015 can be used to plot almost every candle top, bottom and wick.