based on GANNs school
Trade active
on smaller frame, from a different top, it has completed a price cycle.
Trade active
Note
price exceeded the time, it was calculated on 22 candles, all extend the time to be 45 candles for per channelthe price is respecting the time much more now.
Note
price has entered the red rectangle, shroud bounce from its lines and/or center now as its heading to its target.
Happy trading :)
Note
hello follow tradersprice has exited the triangle, reached the target by ~50$, but so far it didnt pass the time, and time is more impotent than price, so trade will still open until its time comes.
Trade closed: target reached
time is over, trade missed its target by ~50$ but i suppose you guys followed capital management.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.