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Ganncycles

DAX40 - huge bullish explosion possibleHello everyone. Despite the Ukranian-Russian crisis, I spotted a possibility for another quick and large bullish movement, which could be the first of a series. I would like to introduce something ... abstract to you. My analysis is based on the famous W.D. Gann, and I am using the Square of the range. I will upload a seperate tutorial in which I will elaborate and explain how I set it up exactly. For this post though, I will limit it to the very basics. Where do we start? I've been tracking and trading the DAX40 for an eternity, and after I got a bit bored of its non-directional, highly volatile ups and downs, I finally spotted another bullish build up, that looks very promising to me. As some of you may know, and if you didn't, you will after reading this: W.D. Gann did not only rely on the price axis, but also on the time axis. Hence each square of range is divided in 5 "time" segments which are meant to influence the direction or intensity of the underlying assets moves. "Once time is up, price will be down." - W.D. Gann, but wat does that mean? It's easier than it sounds: once price hits one of these time verticals, a move is likely to turn around entirely. This theory is based on Gann's theory of waves, harmony, cycles and vibration - which is in all things, even in the stock markets, as he claims. As can be seen, the graph did in fact turn around each time it hit one of the time cycle verticals: Given the fact we just passed one of these time targets, that could leave us wondering if it will turn around again this time. But, time targets are not the only method this analysis relies on. Which leads us to the more commonly known variable: price, or the y axis. What seems to be a mess of lines and angles, in reality is very simple and well structured. Let me break it down to its basics for you (a more detailed explanation will follow in the next "tutorial" post): Each of these lines represents something very common: "Resistance", and "support". Nothing too crazy, right? But how does it work? Basically, if price touches one of these lines, each of these lines is supposed to act as a (future) resistance or support line/level. In this case, there are quite a few obvious examples where said lines acted as resistance or support. Since price is coming DOWN on this highlighted line, it is supposed to function as a support line. And now this is where it gets interesting. We have: A) a support line, that has already supported the price several times in the past. B) our vertical time target, which is supposed to change the current bearish trend into a bullish one, AND C) a second support line price has failed to penetrate in the last couple of days. These crossings of (usually) two major support lines in combination with the time target tend to be very efficient and reliable. Of course, in this scenario, volatility is quite insane right here, as we've seen intraday volatility of roughly 3-5%. Which makes me cautious on this one. Usually I would just try and get in, but this time I will significantly lower my position size, and greatly extend my stop loss, in order to give my trade more space to manouver and to avoid getting stopped out too early and watching it take off without me later. I'm using 10% position size here (1/10), and extended my stop loss by 1000% (10 times). In numbers (nominals) this trade is just like any other. I'm using a tenth of my usual position size, but ten times the stop loss i usually do, which nets me at the usual max risk, but with ten times more space before getting stopped out. Now that we discussed the entry, let's move on to the final part of this analysis. The target. My first target, is of course the 0.833 horizontal resistance price failed to penetrate twice in the past. Based on Gann's so called "seven times base" theory, my intermediate target is the 3-times-base and the final target would accordingly be the 7-times-base. The idea behind this is very simple and it's easy to set up: Gann's "base" is defined by the first eighth of the initial wave. The green arrow represents the current wave we are in. The first impulsive move of that wave will define the base. It's the first eighth of the whole bullish wave. In order to determine my final targets, I will just extend this base seven times, just like this: Depending on the count people may refer to it as the 4th and 8th base, or the 3-times-base and the 7-times-base. Both mean exactly the same though. It just depends on whether you count from the very bottom of the first move, or from the very top of the first eighth. I know, this may sound confusing, so I uploaded one last screenshot for you. At the end I wan't to provide a more commonly known, and conservative indication that we could in fact see a hard reversal here. I spotted a RSI(7) divergence in the daily timeframe, which can be seen here. If you made it till here, I wanna thank you for reading all this, and I hope to inspire you a bit with Gann's abstract way of thinking. Feel free to critisize anything, we are a community, and communities should be constructive. Criticism is welcomed, especially if you are a fellow Gann-trader ;)
WHSELFINVEST:GERMANY40CFDLong
by AlphaTradingGermany
1
Bitcoin Current Cycle compared to Gann & Hurst Nominal Cycle ***IN REFER TO MY PREVIOUS ANALYSIS ...I thought that it was a good idea to republish it as chart was not clear in my previous Analysis...I have now enlarged chart and added some more information...hoping its more clear now- Even if we do not have a lot of datas on Bitcoin using what we have we can see the following patterns : - October 8th 2010 a 10 years Cicle started with Wave 1 ( I presume that this is 1/3 of a 30 years Cicle...but this is only an assumption for now as there are not enough data to confirm ) - June 8th 2011 End of Wave 1 with a Top - November 19th 2011 End of Wave 2 with a Bottom - November 30h 2013 End of Wave 3 with a Top - January 14th 2015 End of Wave 4 with a Bottom - December 17th 2017 End of Wave 5 with a Top Then we had an ABC correction Pattern - December 15th 2018 End of Wave A with a Bottom - June 26th 2019 End of Wave B with a Top - March 13th 2020 End of Wave C with a Bottom 10 years CICLE ENDED The entire move started on October 8th 2010 to December 17th 2017 could be Wave 1 of what I think it could be the 30 years cycle and it completes the 7 year Super Cycle Top The entire correction move started on December 17th 2017 to March 13 2020 could be Wave 2 of what I think it could be the 30 years cycle and it completes the 3 year coorrection Cycle Bottom NOW : - a New 7 Years SUPER CICLE STARTED with Wave 1 starting on March 13th 2020 - The 30 Years Cycle is on Wave 3 If the future is but a repetition of the past I think that we could see a major move up considering the Sum of 3rd Wave of 30 Years Cycle and Wave 1 of the 7 Year Super Cycle that are both bullish and pushing in same direction. Legenda : 7 YEAR BULLISH SUPER CYCLE WAVES IN GREEN 30 YEARS CYCLE WAVES IN BLUE *** Additional Note : 7 Years MA in Blue provided perfect support to both Bottoms on December 15th 2018 and on March 13th 2020 confirming that the 7 Years Cycle is in place and running. Bottoms on December 15th 2018 and March 13th 2020 where Wave A and wave C of Correction pattern ABC *** Additional Note : - BITCOIN CURRENT CYCLE ( 3444 DAYS ) ...Tradingview is only counting 3439 days because probably some datas are missing for the initial phase of Bitcoin Chart...but if you take the real dates I get 3.444 Days - HURST NOMINAL CYCLE ( 3273,6 DAYS ) - GANN 10 YEARS CYCLE ( 3600 DAYS ) -VARIATION: 170,40 DAYS COMPARED TO HURST NOMIMAL CYCLE 156 DAYS COMPARED TO GANN 10 YRS CYCLE Just quoting William Delbert Gan now: "”The next important major cycle is the 10-year cycle, which produces fluctuations of the same nature and extreme high or low every 10 years. Stocks come out remarkably close on each even 10-year cycle. The minor cycles are 3 years and 6 years. “” - William D. Gann -
BNC:BLXLong
by Barbara2699
Simple Method To Square Time And Price On Chart (Gann)This would not be possible if there was no relationship between the time and price axes on the chart. Most traders fail to learn how important TIME is in relation to PRICE. The most important requirement to do this successfully is in making sure there is a proper chart scaling method being implemented and that both the chart and tools are scaled correctly. A chart that is properly scaled in this way will suddenly exhibit geometrical patterns and shapes that were not visible beforehand. These boxes can be pulled endlessly to reveal macro/micro fractal movement trend reversals. Keep in mind that due to the nature of this trading software and the lack of understanding by those who build it - it is not made to scale properly in understanding this key relation between p = t ^2. Therefor, whenever you move the chart and sizing around, you will have to redo everything.
BYBIT:ETHUSD.P
by EsotericTrading
14
Gann Percentage Movements IntroductionW. D. Gann described many types of numbers that he calculated on a daily basis. He worked mainly with percentages based on the dollar and the number of months and weeks of the year in accordance with Astrology. Some of his more popular numbers were: 6.25% 12.50% 18.75% 25% 33% 37.5% 50% 62.5% ....and so on. He also wrote about the rule of 8, 9, 10 and even numbers. For this simple example we are using 6.25% and Bitcoin as the asset. ''One of the greatest discoveries I ever made was how to figure the percentage of high and low prices on the averages and individual stocks. The percentages of extreme high and low levels indicate future resistance levels.'' W.D. Gann 1949.
INDEX:BTCUSD
by EsotericTrading
5
How To Predict Market Reversals Using Gann MethodsFor this example I am using Ethereum ”TIME is the most important factor in determining market movements and by studying the past records of the averages or individual stocks you will be able to prove for yourself that history does repeat and that by knowing the past you can tell the future. … There is a definite relation between TIME and PRICE. Now, by a study of the TIME PERIODS and TIME CYCLES you will learn why tops and bottoms are found at certain times and why Resistance Levels are so strong at certain times and bottoms and tops hold around them. The most money is made when fast moves and extreme fluctuations occur at the end of major cycles.” ”Mathematical science, which is the only real science that the entire civilized world has agreed upon, furnishes unmistakable proof of history repeating itself and shows that the cycle theory, or harmonic analysis, is the only thing that we can rely upon to ascertain the future.” ”Every movement in the market is the result of a natural law and of a Cause which exists long before the Effect takes place and can be determined years in advance. The future is but a repetition of the past, as the Bible plainly states…” “Life affords no greater pleasure than that of helping others who are trying to help themselves.” —W. D. Gann 1
INDEX:ETHUSD
by EsotericTrading
2
Short Term Timed Predictive Analysis GannTime is the most important factor in determining market movements and by studying past price records you will be able to prove to yourself history does repeat and by knowing the past you can tell the future. There is a definite relation between price and time. By studying time cycles and time periods you will learn why market tops and bottoms are found at certain times, and why resistance levels are so strong at certain times, and prices hold around them. The most money is made when fast moves and extreme fluctuations occur at the end of major cycles. - W.D. Gann
INDEX:ETHUSD
by EsotericTrading
Gann 90 Degree Angles Part 2This is a short follow up from a previous video I shared using the time = price ^ (2) lunar fixed point in time law of 90 degree angles. ”Mathematics is the only exact science. All power under heaven and on earth is given to the man who masters the simple science of mathematics.” ”Mathematical science, which is the only real science that the entire civilized world has agreed upon, furnishes unmistakable proof of history repeating itself and shows that the cycle theory, or harmonic analysis, is the only thing that we can rely upon to ascertain the future.” - W.D. GANN
INDEX:ETHUSD
by EsotericTrading
1
Have to take into account all possibilitiesMy personal time learning to do TA especially with bitcoin is to try and find multiple outcomes both bearish and bullish. I have seen too many in this space get too deep into a one-sided bias and watch their losses be quite substantial because of it. Mostly that has to do with expecting bitcoin, or any asset for that matter, has to hit a specific target and get stuck in a cycle of showing only the possibilities to reach that specific target. So what is presented here is a real possibility based off of a bitcoin nearing the end of a 5-wave super-cycle. Elliot Waves which make up a lot of what is seen here are always speculative so, as always, this post is highly speculative but also shown with confluence. This to me makes it a real possibility. The main ideas to take from this: (Note: I choose the 2W time frame here as it is the best way to present this idea clearly.) The logarithmic curve which has been shown to be resistance through-out bitcoin's history is nearing yet another touch at the top. Not shown but for each 1, 3, 5 there are smaller 5 impulsive waves within each and also 2 and 4 have a proper A,B,C correction. The target of ~75k is based off of both a touch on the log curve and Gann's Solar Dates theory to start. This would be another post to explain all together but will show how accurate the dates have been for quite some time now by the time frames I've highlighted and how they have correlated with bottoms and tops. December 6 is near enough to Dec 1st to warrant it as possible: The current Elliot Wave count shown on the daily suggests that the top could be in as it is getting rejected around the 0.618, but I look towards the 0.786 as a possible target or anywhere in between: This shows a fractal taken from the previous tops back earlier this year and comparing it to now. RSI is predicted here as well. It also shows a top getting close to 75k near the December 6th date as shown by previous images: The targets for the A,B,C correction and an eventual possible bottom of around 6.5k: The timing is based off of the 2013 double top as shown. This would put the bottom sometime in January 2023. The Elliot Wave shows a path of 5 waves for A, 3 for B, 5 for C. C does over-extend the one-to-one but bitcoin has done that often for its last wave down in the past. I tried to match these as close as possible to areas of historical support and resistance. The trend line (on a log scale) from the bottom in 2018 & 2020 does cross at this date at this 6.5k price pretty accurately. The target is also a because of a possible H&S forming with the neckline around 40k. The target of this formation is shown to be ~35k downwards as highlighted here: I do not believe a H&S would form based from these last 2 ATH during the year as a scenario for that would have a target of under $0. I do not believe that would happen. The last shows that there is a very high volume node in this area and also a lot of historical price action as well: This is of course a very bearish scenario but based off of my research it does show a lot of confluence to make this a possibility to take seriously. The target is just coming from the TA done here so I do not think of this as a certainly at all as too much can always happen in the next year. But I feel that looking to a drastic scenario as shown needs to be taken seriously as long as proper TA is conducted and confluence is showing as a result. Straying too far towards one bias is just an easy way to get Rek't and I continually train myself to avoid it. I do have bullish targets too but will have to be another post as this one is already long enough! Hope these ideas can help and at the least show something different and to see things from different perspectives. This asset requires it from all that trade and/or invest in it. ***Disclaimer: I am not a financial professional/expert and all ideas from me are all speculation based off of my own research. Please do your own research as well as I am not responsible for others when it comes to their financial decisions.***
BNC:BLX
by WITSIT
2
OMG, Respects Gann analysis even with BTC dumpOMG, Respects Gann analysis even with BTC dump the chart shows two scenarios with time line dump or jump all lines are resistance / Support the price stand exactly on the lines, predictable if price breaks the trend i think this will hit the roof for many reasons one of them, the developers set a total limited supply of just 140,245 million OMG coins, 102 million on the market now . This decision ensures that OMG retains value over the coming years
OLong
by YRashed
3