Nov Beans is back at the 38.2 Gann retrace from CTN High to Low, meeting resistance on the 2x1 Gann Lines (purple) from CTN all time High and 2nd CTN top. Move has been based on optimism from Chinese purchases of US Soybeans as a goodwill gesture to prep for October meetings. A move to the 1x1 Gann Line (dotted) is anticipated as we drift toward October seasonal...
How to setup simple price scaled Gann fans to determine support and resistance out in time. Gann's geometrical method advanced by scales derived from highs and lows in the wave formation to forecast future price expansion and SR zones.