Gann Fan
BTC | Looking at potential Long, Short, and Accumulation Zones Using the Gann Fan to sift out potential areas for going short and/or long based on potential long term support trends on a log scale.
33% and 50% speedlines based on the current uptrend shows potential areas for a correction should we lose momentum.
If the long term trendline is violated, potential support at 50% from $20 k could play a key role should things go south.
Long term track for $20 k by August in 2021 still looks healthy.
We can always be shocked and surprised by bitcoin as we always have been.
Happy trading and Happy holidays!
XAU/USD Long-term BullishSpot Gold to U.S. Dollar
1850s area was the last support last time we were at these levels. Any lower will most likely try to find support from high liquidity levels to launch a rally to 2100 . All signs point to Gold being bullish with increased implied volatility due to macroeconomics , election , and many other factors.
Goldman Sachs increased their projection of Gold Futures to 2100 by 2021.
Long 1850 when a suitable opportunity comes.
XAUUSD Gold Price Technical Gann Analysis for 11/16/2020The Main is Down!
we are experiencing some little retracement for the price. Since there is no news for stimulus, the main trend still remaining down.
the key price for today is 1889.70 where it is the 50 % retracement. Rreaching the price to the 1907.10 will give a good opportunity for sellers to enter.
so the signal for today is:
SELL entry at: 1903.00
SL: 1915.00
TP: 1845.00
Where is the top for Bitcon? Gann and Fibbo analysis for BitcoinAccording to the Swing chart the top for the price is where up trending Gann 1*1 angle cuts the Fibbo level and they cut each other at 16700. I think after hitting for more time the top we will see a retracement to the 14100 level.
these prices are so risky to buy. but if you want to sell you can put the SL above 16720 and TP above 14200. so the signal for today is:
Entry: 16400
SL: 16720
TP: 14200
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USD/JPY Day Trading Gann strategy: 11/12/2020The price needed some retracement after surge in 4 days ago and right is in overbought place.
Key price for today: 105.113
Resistance Zone: 105.570-105.670
Support Zone: 104.425-104.132
Best Trading Strategy for today:
SELL
Entry: 105.108
TP: 104.478
SL: 105.748
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Gold Technical Gann Fan Analysis! Based on price action on this week we will have these key price points:
resistance: 1889.70
resistance: 1907.10
support: 1842.60
support: 1819.30 (main bottom)
The main point for today is: 1889.70
any news about election, vaccine and stimulus can give momentum for gold!
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The information given is not a financial advice!