EMC2/BTC - Gravity is (not) your friendI had a love/hate relationship with EMC2. I put a sell order in at 340 some time back in April, but closed the position as I got impatient, thus to persue other options. BIG MISTAKE !
Disclaimer: I have since gone long again.
From a purely technical level, I think Albert is swinging for the fences.
No gravitational pull? Barely...
I have marked some target zones based on fib levels and circles for the next days and weeks, keeping an eye on it...
All the best with your trades...
moontumble
Gann Box
Trendline angles and fibonachi/Gann fan on oil...Just tried this... amazed how two trendlines have almost perfect match to fibonachi/Gann angles...
ok this would more be related to gann 0.25 angle... but anyway trendlines were drawn on bottoms of waves
and I just added Fan... to try... and I am amazed how perfect it works....
I am not Gann trader not even sure that Gann would do exactly this... but.... makes me a believer....
Gold bearish longer TF (Gann Box)FX_IDC:XAUUSD
Gold trade at 1251.10 (-15.30) (-1.25%) at the time of writing, according to me strong weak below 1251 and we expect may find support at 1127 , if price trade below 1127 then price can more decline and may find next support at 1062 and 983 .
* It's my view only and trade at your own risk.