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Gann Grid Analysis of The United Bank (EGX)**📊 Gann Grid Analysis of The United Bank (EGX) – 1-Hour Timeframe** This chart showcases a comprehensive Gann analysis using the Gann Grid and key levels. The setup provides a geometric framework to analyze potential support and resistance zones, as well as the overall trend. Let’s break it down. --- ### 🔢 **Key Levels Highlighted** The grid is based on the Gann principles, where price is projected using geometric angles. Here are the major levels and their significance: - **0° = 13.9 EGP**: The base level, marking the start of the projection. It’s the foundation for all subsequent calculations. - **45° = 14.495741 EGP**: Acts as an initial resistance zone. If price sustains above this, it often indicates bullish momentum. - **90° = 15.103982 EGP**: A significant midpoint and a potential target in an upward move. - **180° = 16.357965 EGP**: A key level where price typically tests before continuing higher or reversing. - **360° = 19.01593 EGP**: Represents a long-term price projection and a potential upper limit of this move. The intervals between these levels represent equal divisions of price movement, offering a structured way to identify where price may react. --- ### 🟩 **Understanding the Gann Grid** - **Horizontal Lines (Yellow)**: These correspond to price levels derived from the Gann angles, providing support and resistance zones. - **Diagonal Lines (White)**: Represent Gann fans, which indicate the speed and direction of the trend. When the price respects a specific diagonal line, it confirms the trend’s strength. The green vertical lines denote significant time cycles, as per Gann’s theory. These lines are critical moments where price action could see a shift, either continuing the trend or reversing. --- ### 🔍 **Current Price Action** - The price is hovering near **14.340 EGP**, close to the **45° level (14.495741)**. This suggests the price is testing a minor resistance. - If the price breaks above this level and holds, the next target is the **90° level (15.103982)**. - Conversely, if the price fails to sustain and moves downward, the next support is the **22.5° level (14.196308)** or potentially the base level at **13.9 EGP**. --- ### 🛠️ **How to Use This Analysis** 1. **For Long Positions:** - Look for a clean break above the **45° level (14.495741)** with strong momentum. - Targets: **90° (15.103982)**, **135° (15.774223)**, and **180° (16.357965)**. 2. **For Short Positions:** - A rejection at the **45° level (14.495741)** could signal a move back to **22.5° (14.196308)** or lower. - Stop-loss: Above **90° (15.103982)** for short trades. --- ### 🌟 **Conclusion** This Gann-based framework offers a unique perspective on price action for The United Bank (EGX). By closely monitoring these levels, traders can better anticipate market movements and make informed decisions. The chart also emphasizes the importance of time cycles and diagonal trendlines, which are essential in Gann analysis. What are your thoughts on this setup? Let’s discuss in the comments! 🚀
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by Magic_xD
#MCQE Egyptian stock#MEQE time frame 15m created a bullish Gartley pattern entry level at 25.40 to 25.60 stop loss 25.30 first target at 26.40 to 26.60 second target 27.00 up to 27.20 and 27.60 accumulation and distribution line indicator show positive diversion , may that is support our idea. in addition at time frame 1 hour showed the same pattern with same results NOTE : this data according to time frame 15m Its not an advice for investing only my vision according to the data on chart Please consult your account manager before investing Thanks and good luck
EGX:MCQELong
by tfcgeorge
LCSW Gann AnalysisThis chart represents a detailed application of Gann’s methods on LCSW stock, providing insights into price action, support/resistance levels, and trend analysis. Price Finished 2 Cycles and is within 3rd Cycle! Please Zoom TO Present like this: Key Observations: Gann Levels: Horizontal levels represent important price zones derived from Gann’s methodology. These levels act as significant support or resistance Gann Angles: The grid formed by the diagonal lines provides a framework for understanding the balance between time and price. The stock has been respecting these lines, suggesting the relevance of the Gann grid in its price behavior. Lots of times you can relay on the Grid trends and Start Drawing Classic Channels using its angles! Next Resistance :Strong! Watch out (31.89) , 35.77 Near Support : 28.24 , 24.81 Wish you best of Luck Trading.
EGX:LCSW
by Magic_xD
Atlc Analysis using Gann TechniquesThis chart represents a detailed application of Gann’s methods on ATLC stock, providing insights into price action, support/resistance levels, and trend analysis. Please Zoom TO Present like this: Key Observations: Gann Levels: Horizontal levels represent important price zones derived from Gann’s methodology. These levels act as significant support or resistance Gann Angles: The grid formed by the diagonal lines provides a framework for understanding the balance between time and price. The stock has been respecting these lines, suggesting the relevance of the Gann grid in its price behavior. Lots of times you can relay on the Grid trends and Start Drawing Classic Channels using its angles! Next Resistance : 4.61 , 4.95 Near Support : 4.27 , 3.95 Wish you best of Luck Trading.
EGX:ATLC
by Magic_xD
Luts Gann AnalysisGann charts are powerful tools in technical analysis, developed by W.D. Gann, to predict price movements based on geometric angles, time, and price levels. They are especially useful for identifying support and resistance levels, trend reversals, and future price trajectories. Here’s a concise guide to understanding and applying Gann charts to any coin or stock: 1. Understanding Gann Charts A Gann chart consists of: Angles (Gann Lines): These are drawn at specific geometric angles, such as 45°, 90°, 135°, 180°, 225°, 270°, and so on. Each angle represents a potential support or resistance level. Grid Lines: The grid helps in visualizing where price and time converge, marking critical pivot points. Horizontal Levels: These are key price levels that align with Gann angles and often act as zones of interest. 2. How to Interpret Gann Angles 45° Line (1x1): Often considered the most important, this represents a balanced trend. If the price stays above the 45° line, it indicates an uptrend; if it falls below, a downtrend is likely. 90°, 135°, 180°, etc.: These act as key resistance or support levels. A break above or below these lines signals potential trend continuation or reversal. Time-Based Angles: Vertical lines on the chart indicate time cycles where significant price movements or reversals may occur. 3. Key Actions When Using Gann Charts Identify Key Levels: Look at where the price interacts with Gann angles. Levels such as 45°, 90°, and 180° are crucial for spotting trends. Note areas of congestion or repeated interaction, as these are likely strong support or resistance zones. Observe Breakouts and Reversals: A breakout above a Gann resistance line (e.g., 90° or 135°) may signal a bullish move. A breakdown below a Gann support line (e.g., 45° or 180°) could indicate bearish sentiment. Monitor Convergence Zones: Points where Gann angles and time cycles intersect often signal high-probability zones for trend reversals or accelerations. Use Momentum Indicators: Pair Gann charts with RSI, MACD, or volume analysis to confirm price action. For example: Rising RSI near a key resistance line supports a bullish breakout. Declining RSI at a support level suggests weakening sentiment. Set Targets and Stop-Losses: Use Gann resistance levels as profit targets during uptrends. Place stop-loss orders just below critical support levels (e.g., 45° or 180° lines) to manage risk. 4. Common Scenarios with Gann Charts Bullish Scenario: If the price breaks above a key resistance angle, look for confirmation with strong volume or momentum. Set targets at higher Gann levels (e.g., moving from 135° to 180°). Bearish Scenario: A failure to hold a support level often results in a drop to the next lower Gann angle. Watch for declining momentum indicators to confirm the move. Consolidation: When the price moves sideways near a Gann line, it often precedes a significant breakout or breakdown. Be prepared for increased volatility. 5. Tips for Effective Use Start with the Basics: Focus on major angles like 45° and 90° initially before delving into finer grid lines. Combine with Other Tools: Gann charts work best when used alongside candlestick patterns, moving averages, and Fibonacci retracements. Conclusion Gann charts provide a structured framework for analyzing price movements in any coin or stock. By identifying key angles, monitoring breakout and reversal points, and combining the analysis with other technical tools, traders and investors can make more informed decisions. Whether you’re tracking cryptocurrencies, stocks, or other assets, Gann charts offer a timeless approach to understanding market behavior.
EGX:LUTS
by Magic_xD
Krdi Technical Analysis Using Gann techniques (EGX)Hello dear traders, This chart evaluates the price movement of (Krdi) using Gann angles and critical support/resistance levels. The Gann grid highlights key price pivots and potential future trajectories on the chart the down cycle from top of 2024. Krdi finished one complete cycle at 0.605 and went a lil further down. watch for stabilizing back above that level for further upward! Next Resistance after 0.605 would be 0.734 then 0.876 Etc.. Near support 0.538 which is good support and good for accumulation . Wish you best of luck!
EGX:KRDILong
by Magic_xD
RUBEX Technical Analysis with Gann Chart (EGX)This chart evaluates the price movement of Rubex International for Plastic and Acrylic Manufacturing (RUBEX) using Gann angles and critical support/resistance levels. The Gann grid highlights key price pivots and potential future trajectories. Key Observations: Current Price: RUBEX is trading at 7.11 EGP, sitting close to the 225° (7.285) Gann resistance level. Gann Angle Levels: Support Levels: 180° ($5.998) is a significant support, followed by 135° (4.836) and 90° (3.799). Resistance Levels: 225° (7.285) acts as immediate resistance. 270° (8.697) and 315° (10.234) are critical higher resistance points. Momentum Indicators (RSI): The RSI is at 56.89, which indicates a neutral-to-bullish sentiment. RSI trends upward but has not yet entered overbought territory (above 70). Historical Trends: The stock has experienced significant volatility, with sharp peaks and troughs corresponding to the Gann angles. The chart suggests that periods of consolidation are followed by rapid price movements. Convergence Zone: The intersection of price levels and Gann angles near 180° and 225° creates a zone of heightened activity. The vertical yellow line marks a time-based pivot for potential price acceleration or reversal. Scenarios: Bullish: A breakout above 225° ($7.285) could propel the price toward 270° (8.697) and potentially higher to 315° (10.234). Sustained buying pressure, coupled with a rising RSI, would confirm the bullish scenario. Bearish: If the price fails to hold 225° (7.285), it may retrace toward 180° (5.998). A declining RSI or reduced trading volume could signal further downside. Trading Recommendations: For Short-Term Traders: Look for breakouts or rejections at 225°. Use the 270° and 180° levels for profit-taking or stop-loss settings. For Long-Term Investors: Accumulate positions near major support levels (180° and 135°) if price retraces. Key Watch Points: Monitor RSI movements to gauge momentum shifts. Keep an eye on trading volumes near critical price angles. This analysis provides a structured approach to understanding RUBEX's price action and potential future movements using Gann techniques.
EGX:RUBX
by Magic_xD
#EFID Egyptian stock#EFID time frame 1 HOUR created a bullish Gartley pattern entry level at 28.20 TO 28.30 stop loss 27.50 first target at 29.50 second target 30.50 NOTE: if prices closed under 30.00 (1 HOUR frame) MACD indicator show positive diversion , may that is support our idea. NOTE : this data according to time frame 1 hour Its not an advice for investing only my vision according to the data on chart Please consult your account manager before investing Thanks and good luck
EGX:EFIDLong
by tfcgeorge