We are at important point, if price closes below Gann arc then demand zone below price will become important zone to trade on daily chart. We have formed the higher high and higher low in recent past, but we are not out of down trend. One can use the chart and the levels to trade, every Gann line and arc can work as support or resistance.
UJ with 38.2 fib, gann square, gann fann and pitch fork all showing possible support at this level.
Shared chart is the road map for bank nifty movement for next few weeks. we have supply zone at 17859 to 18000 127% of Fibonacci level is also clubbing with supply zone. All green lines are Gann square lines derived from different numbers, price is responding to these line nicely. One can use these lines for stops or targets. Red and Green zones are supply...
Every line on the chart represents support or resistance. Vertical lines are time lines where trend may change. One can use this chart as trading map for next few months. This Gann square-3.00% chart can be used in standalone way or with other trading strategies like. Candle stick patterns, demand supply zones, Momentum indicators, Fibonacci ratios, trend...
Predicting possible moves of EURCAD pair using Gann Square
What do you think? I already opened a SELL position
I study Market Traders Institute . Trade Empowered on Youtube . I am technical trader . Did alot of research on the internet and Youtube . This Gann box will prove that prices do not move chaotic . I squared date 1/5/2016 low . Squared high 2/11/2016 . Just like nature , a snow flake has a pattern . Then we are also in a pattern or cycle . I drove 18 wheelers...
XABCD was established inside Gann. Price Bar exited D and outside Gann. Also below ICH cloud
Trading levels mentioned on the chart, Short trade form previous analysis is on. Price not able to close above stop tried to break 2 to 4 times. Levels are the same for this week also. use gann square for future guidance.
This may be new to many traders who do not know how to use a Gann square. Those who use the tool will recognize the significance of this chart immediately. The long term weekly (72 bar) bear setup shows price is now heading straight up to the top of the 1st square. There it will surely find formidable resistance. This alone would suggest that the dollar is...
LONGER TERM There are a number of fibo reasons to expect 12/12 to be an important date in usdjpy. The Gann Sq setup I have been watching suggests that a top ~ 118 on that date makes sense. I note that a rise to 118 by 12/12 would have a number of harmonics. Price rise since the June low would be ~ 29^3 (29 is a lucas number). Also the number of bars on the...
My projection for the next major Low is 87.95 Here I've found an interesting cluster of Prime numbers related to Gann times. Left plot showing the "ARS Envelope" and the Gann Square. Blue vertical line is a Gann time projection. The right plot the primes and the ARS Envelope again. Also visible on both charts is the "ARS Gann Line" beta indicator. The heavy...
The SPX is in a confluence zone where price seems to have trouble getting over. Price has run into its monthly channel that started in 1982. The last time price kissed its upper channel in 2000 price was rejected and it seems like price is being rejected again. Using the highs of 1987 as an anchor price is trading in another gann sq similar to 2000 and 2007 highs....