Keeping it as simple as I can here. These box trends were drawn from True Price Square, which is something I have come to rely on greatly. 4 rotated rectangles from each corner of Bonfire indicator,width set at tangents to local price (center boxes). See update for original picture. I am sparing the added lines to mark pivots and levels from the indicator...
Using Bonfire to find local square, I made a tool for confluence. These are very handy to have and ,amy times very accurate to find natural price action and predict pivots, and trends moving forward. This is a smaller timeframe than most of my Bonfire charts so please reference previous charts for big picture.
Race against time to fill liquidity gaps. Built from a Bonfire TA sine algo - see below for original . Found some very nice intersects
Another Bonfire Squared chart with some Gann trends and trinity built from hidden intersect that aligns well
Built from a sine vs price indicator and common intersections. Watching how the price responds to this wedge and the trends / pivot ahead. This is a confluence tool
Moving support and resistance to watch. Posting in hopes that the price will at least respect the curved price levels ahead.
Unconventional approach to Gann fans but following the 45 degree methods to find true square. I add a few steps to find common intersections. See original
Please find original chart for more information on how to read the current pattern and how to use this to add confluence.
Multi squared from Bonfire. LEVELS AND PIVOTS
Updated from previous chart by cloning the entire setup to the right and up.
I know this is an unusual way to Gann but after finding square using Bonfire, I found a starting point that and intersections that align with certainty with each other. I will post a pic below. These lines are trends to follow or break and should be used as confluence. Often vertical lines drawn from intersections provide minor and major pivots. Long term I'm...
True squared to price (short term) 1 hr price action built off Bonfire. Levels and Pivots to watch for confluence. DGB has already made up a ton of ground percentage wise but it's currently still ok if it can rebound drops near this price, and or avoid long standing drops altogether. This is a different DGB than we have seen in the past. More volume and more steam.
I know they are "chart cancer" to some people. Trust me... I know this... so you can move on if you feel that way. For those of you that power through my charts or follow me, you know I am big on using multiple concepts at the same time to bring confluence. I use my own charts for this instead of asking people and/or waiting for signals provided by others. My...
See image with Auto Fib turned on. Using Bonfire Auto Fibonacci indicator to align price action from the local "pivot high center" . Next I used theses points to run tangent rings (top and bottom) to create another dimension of levels. This indicator will be available soon please DM to get on the list for PAY FOR ACCESS .
See image for original with indicator (rings) included. DGB is in a good spot right now if it can avoid major drops at or near each intersect (price meets Fib rings). At this early stage I thinks its safe to safe there will at least be a major action at each ring. The levels may very well be the best data here as they are drawn from squared Fib tangents. ...
Complicated at first but over time it becomes easy to read. Along with the squaring feature Bonfire indicators give advanced data and patterns to reduce risk in trades.
XRP 1D chart using 1/8 Gann from Bonfire squaring at 1 day