Gann Fan and Ascending Arch
Updated
If we break out of this last Gann fan channel now, we may test the next resistance point. If we fall in the channel we may hold to the next lower support. Either way, we should end up in the same price in the near future.
Note
Wow, it pumped out of the Gann fan as I posted that. Now if we don't hold to this edge of the Gann fan, we should be taking the elevator up.Note
Given that we just made a swing up before publishing this, I would wager we take the lower route.Note
We've stuck to the upper edge of the Gann fan... heading toward the purple curved trend line.Note
Confirming contact with the purple curved trend line. Looks like we dropped under it just for a definitive pivot point. Expecting an uptrend range between the purple and aqua lines.
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