GBPUSD So far my long @ 1.3070 Pound so far is showing bullish PA..... liking what I see...... I chose to follow planetary cycle over price and time cycle and its paying off......Rock On have my eye on 1.3325 Gann Analysis
GBPUSD So far my long @ 1.3070 is working out great...... the next battle will be @ 50sma 1.3200 Gann Analysis
Learning how to use the tool that are available.
GBPUSD took a quick scalp on pound short @ 1.3130 / C @ 1.3070...... Gann Analysis
GBPUSD doing some cycle work calculation and this is a forecast if pound continues to the downside.... I give it a 2 day window either 9-1 or 9-2 and price levels.... These are using MM techniques... but there are other calculation that show it could trend higher.... so its harder to forecast with just 1 reversal bar on 8-26.... PA kissed the 50sma (Res)...
There is a potential Gann square formation present. EURCHF has touched the archs of the Gann Square five times already.
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...