ForExtraPips

ForExtraPips

For me to get the 12.89 area as a potential support area, I connected a white trend line on the swing low during the month of 12-01-14 @ 23.41 with the lower swing low during the month of 8-03-15 @ 19.37. Then I let that travel in time. After that, I placed a white vertical line on the swing high on 7-01-16 @ 33.00. Where it intersects with the white trend...

ForExtraPips

I'm eying the 1.7220 area as a top for this swing. I based it on connecting the previous two swing higher highs and letting that intersect with the time line of the recent swing low. And if this does top out here, then I'm eyeing the 1.6624 area for the next possible swing low, by connecting the previous swing lows and where it intersects with the vertical line of...

ForExtraPips

As I did with the daily chart yesterday, I connected a trend line with the two previous swing lows and let them travel in time, then I put a vertical line on the swing high afterwards. And for the past two months, the 106.62 area was holding up as support. If current price doesn't come back up to that level, then the next area of interest I'll be watiching is...

ForExtraPips

I placed two trend lines connecting each one with the top two candles on each swing high. Then I let them travel in time. And notice at what price level that they intersect at and where price is currently at. I'm becoming more bearish long term.

ForExtraPips

I placed a trend line connecting the two swing lows and let it travel in time. Then I placed a vertical line on the swing high afterwards on 3-29-18. And where the two intersect at is where I'm looking as a possible support area in the future. Price finally hit that area today @ 105.91. Waiting to see if it holds up or not. (Also on the chart are a 50, 100, and...

ForExtraPips

I placed a 1x1 angle off the swing high on 12-19-16 @ 32.38. Then I multiplied the high by pie. 32.38 x 3.141592653 = 101.7247701. I rounded that up to 102, then moved 102 bars to the right and squared it. Showing where possible support and resistance points are and possible key turn dates.

ForExtraPips

Uh, oh. Looks like a divergence.

ForExtraPips

I took a trend line and connected the swing high on 01-26-18 @ 2872.87, with the next lower swing high on 2-16-18 @ 2754.42. Then I placed a vertical line on the date of the higher swing high on 2-27-18 afterwards, showing a possible support/resistance area in the future. And where it is currently acting as resistance.

ForExtraPips

I placed a 1x1 angle off the swing low during the week of 01-02-17 @ 1.03402. Then I found the square root of 10340.2, which was 101.686. I rounded it up to 102, then moved 102 bars to the right. And where the 45 degree angle hit the vertical line 102 bars later, I then squared it.

ForExtraPips

I placed a 1x1 angle from the swing low during the week of 02-06-17, @ 1.45360. Then I let the 45 degree angle intersect with the swing high during the week of 11-27-17, @ 1.74801, then squared it. The 1.67441 area has been holding up as support for almost six months. And the 1.71121 area is showing as resistance.

ForExtraPips

I placed a 1x1 angle on the swing high @ 2801.90, on 3-13-18. Then I placed a vertical line on the date of the swing low on 4-02-18 @ 2553.80. And where that vertical line intersects with the 45 degree angle off of the swing high, that's where I squared it. I also placed another square outside of that square. Just showing support and resistance lines and next...

ForExtraPips

Whenever you want to project where the next potential high might be in the future, just look to the past. Connect a trend line with the previous two swing highs and then find the time line of the previous low and place a vertical line there. And where the two intersect is your next potential target high.

ForExtraPips

I took the swing high on 02-01-18 @ 195.32 and placed a 1x1 angle. Then let that 45 degree angle intersect with the swing low on 03-26-18 @ 149.02 and squared it. Currently 166.39 is showing as resistance.

ForExtraPips

I took the high on 01-26-18 and put a 1x1 angle @ 2872.87. Then I let that 45 degree angle intersect with the swing low on 02-09-18 @ 2532.69, then squared it. Currently the 2660 area is showing resistance.

ForExtraPips

Taking the monthly low of March 2009 @ 666.79 and finding the square root of it, which is 25.822. Then adding to 25.822, in increments of one, for each 180 degrees, to find support. And finally squaring it. I also rounded up the square root of 25.822 to 26, then moved the vertical time lines every 26 bars to the right.

ForExtraPips

I made a channel by connecting the top and bottom with a trendline. Then I took the time of the most recent high and put a vertical line there. The rest is just like conneecting the dots. Where the trendlines would intersect with the time line, I would put a horizontal line there. Then that would create a new point to put another vertical time line in. And so...

ForExtraPips

Taking the swing high on 3-27/18 and finding the square root. Then subtractiong two to get 360 degrees. Then squaring it.

ForExtraPips Updated 

My last snapshot messed up the 45 degree angles. Sorry about that.