Euro / U.S. DollarShort
For all the Gann Fans - EURUSD
I was doing some analysis on the 4 hr time frame and managed to square price and time on the daily. Following my opinion on the move down over the next few months I wanted to find some nice entries.
Now if you believe in market energy at all, throw in a little superstition, and have studied the cosmos.. watched a biology doco in your spare time and generally believe life has a rhythm to it..
Then you will be able to see the importance and flow of price and its possible stopping points. Gann also points out possible turning points , they are inline with the fib levels (using a fixed Gann square) and have followed the time "cycles"..
Price can still move right up into the wedge.. however without a break of the current range ex: Big Move.. the longer the wedge the harder the fall..
Now if you believe in market energy at all, throw in a little superstition, and have studied the cosmos.. watched a biology doco in your spare time and generally believe life has a rhythm to it..
Then you will be able to see the importance and flow of price and its possible stopping points. Gann also points out possible turning points , they are inline with the fib levels (using a fixed Gann square) and have followed the time "cycles"..
Price can still move right up into the wedge.. however without a break of the current range ex: Big Move.. the longer the wedge the harder the fall..
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.