Gannfann
Learning Gann Fan Part 2Using this chart to learn more about Gann and how to utilize theory in markets.
Gold is going into a black hole.Hi guys
This is time and price analysis for gold using WD Gann square of 144.
As you can see on chart the price is well controlled by the shaded triangle which is 1/3 and 2/3 angles showing that gold is in a very week position trading below the 1/1 from the low.
Ptice and time was just square on Monthly and weekly chart.
Monthly chart in the link below.
I put on chart where and when i am expecting a tradable low for a last rally.
Kindly like and share.
Good luck.
Mastercard lets fill this GAP!Mastercard intraday chart, not looking for much movement just thought the pattern looked cool. Can see three clear descending paths along the Gann fan (including my fractal) Lets see how this plays out :)
BTC/USD - Bitmex Square of 9 Levels Gann Study Ok folks, I know not many of you have the time to create such a study, or many don't want to share it with the public but today I decided to share this Gann study for Bitmex.
I used the square of 9 to plot these numbers on the chart.
Besides that, I also have the Square fixed and the Gann fans. It's up to you how to use it :) There is no right or wrong how to trade if you are more profitable then not.
One thing is clear, the lvls are god damn respected!
Silver Short till Feb 18 then long to 17.2 SI1 target by 10 May The obvious 20-year long wedge pattern has a focus of 10 May at 17.2 - I expect it to break down before then, test higher prices and then crash to $10 levels to complete the medium term downtrend.
The GannBox and Arcs have been very informative for this Silver downtrend (as well as at shorter timescales). Note the way the medium term GannBox meshes with the longterm GannFann.
I've reversed my long as per my previous ideas on this, and expect to reverse my shorts a bit below 15 mid Feb as it consolidates and completes its drop from the 1:1 ray to the 2:1 ray and makes its exuberant false break up.
After the breakout I expect to see a sharp drop reminiscent of the wedge breakout you can see in 2011-2013. Note that that ended with a two year $9-wide ($26 to 36) trading range. We've just completed a two year $2 wide trading range from about $15.75 to $18 and are still experiencing the high volatility following the false break down that ended it (which we've just seen disconfirmed as we've rentered the trading range). But this false break presages the true break coming in May.
I expect the consolidation around the $10 level to take us to September, getting us ready for a new bull market over the next couple of years.
Interesting times for Silver
Wti crude oil long term opportunity (Monthly)After the big crash of the us oil price now we have a great buy long term opportunity. The price has reacted after touching the 4/1 Gann level and now i will expected an up trend for the next week-month.
Similar situation on the weekly Gann analysis
This point could be the historical bottom for the wti market.
Bitcoin daily analysisBitcoin price has found a support level on 8/1 Gann Fan.
I think it will probably made a new up phase until 4050 $.
SPX ready for bounce until 2530?As i've said yesterday () the target i had expected for a bounce was 2450-2440.
The price is arrived near to this level (2441.18). Tooday i think we can see an up price. In my opinion the target for the day is near to 2530.
Based on tooday price movement we could undestand what the market will want to do in the next days.
SPX Daily analysis Today opening will be relevant to understand which will the market reaction.
In this moment my primary idea is: market want to continue his down phase. In this case i think we could see a small bounce near to 2450-2440.
If the market had to arrive on this level we probably see a bounce.
In case of this idea will be confermed, I will update the analysis as soon as possible.
SPX critical situation As you can see on the image the market now is testing the 1/2 Gann Fan. If the price had to broke this level the situation will become critical.
The 2540 level is important because if the price will go down the main trend for this market change from bull to bear.
In this case first target can be 2350 and i think i will go short. If the market reject this idea i will update my analysis trying to find new buy&sell points.
Next targets will update in future.
This is what is going to happen.Pull up a chakra chart to read it! Learn the colors and frequencies to truly know!
BTCUSD: Why Gann May be showing us the BEAR market is over!!!It is time for the BEARS to accept defeat. $5818.14 on Bitstamp on June 29th, 2018 was not newsworthy (relatively speaking) just like Jan 14th, 2015 wasn't, except we may be looking at dates where bitcoin decided it had enough of the downtrend (we know in 2015 this is a fact).
We've been rolling Gann Fan channel after Gann Fan channel since December 2017 but it seems we've reached a slow grind since we've reached and used the 4/1 Gann line as support on August 14th, 2018. It took BTC 203 DAYS to move between the 4/1 and 8/1 lines (the red shaded channel). So far it has been 24 DAYS (as of the writing of this analysis) since we started moving across the same threshold. How long will it take us in 2018? Maybe the lagging indicators (50 EMA , 100 EMA and 200 EMA can give us a more expedient outlook.
The 50 EMA has not been able to roll above the 100 EMA since March 2018 on the Daily (an almost similar pattern was seen in the 2014-15 BEAR Market). If history is any indication and price does manage to push high enough, say above $8500, we should have a cross above the 100 and that momentum is going to help us push above the 200 EMA and yes that means a Golden Cross (if that means anything to you). But these will be re-tested (a dip again below them) and then another conclusive push above them. We can then say the BEAR Market is officially over. If we keep moving sideways as these EMA roll above and below price we're looking at early October when we pierce the 8/1 Gann line and just like in 2014-2015 Bear market that means we move above this dreaded downtrend.
What invalidates this analysis? Another Gann fan using the lowest price of the year as the reversal point shows the 4/1 to 8/1 Gann Fan channel being respected. WE CLOSE BELOW the 8/1 Gann line; this whole analysis is invalidated. So far, we've held support on the 8/1 Gann line. In 2014-15 the 4/1 Gann Line provided support.
Convergence of GANN FAN Lines. The 2/1 Gann Line from the bottom of the 2014-2015 BEAR Market converges with the 8/1 line drawn from 2018's lowest price, on September 20th, 2018 (we may come back and re-test this line: red circle on the chart). That 1/2 line from the previous Bear Market bottom has provided support and resistance through 2015, 2016 and 2017. It supported our parabolic move up by providing the last leg of support on July 16th, 2017 and we have not touched it since then. This could be yet another confirmation, we are not going any lower. Alternatively, it could be confirmation we're headed much lower. This is a pivotal point.
DISCLAIMER: These are just ideas, not advice. Entering a trade now poses huge rewards if this analysis is correct and low risk given we're very close to the 2018 bottom (if you’re a swing trader or investor). Good luck out there and PLEASE your feedback is greatly appreciated.
BITSTAMP:BTCUSD
Gann Fann, Bitcoin and A Return to Triple DigitsWhat's up my fellow crypto hounds!? I hope everyone is good and you are all making it through this boring AF sideways market relativley unharmed :) ! Well Today I was playing around with some different tools on TV and found an interesting pattern with the gann fan and its relation to bitcoin when used to plat significant resistance and suport areas since the inception of bitcoin! Now, this chart can of course be invalidated at any time and we could pump to "da moon" however as you all know I think that is highly unlikely and bitcoin has most likely hit its ATH for at least the rest of the decade if not forever. Anyways, do what you want with this information I am just putting it here because I thought it was very interesting how many times the gan fan, when measured from BTC inception to ATH , has played a significant role in the bitcoin price action! If it is right or wrong this chart is at least interesting!
As an ending not I want to say I know many people on TV and especially on twitter laugh if anyone brings up the possiblity of returning to 3 digits but as I have shown on a couple of my charts according to TA it is not ridiculous at all and is in fact entirely plausible. All I am saying is please try and keep and open mind and do not get emotionally attached to your trades. Bitcoin is just another thing to trade, it is akin to penny stocks as it really has no true value but is highly speculative and volatile and therefore attracts the gamblers to the space who thrive off the thrill...don't be this kind of person, realize that bitcoin is here to make you USD plain and simple. Ok, I hope you all enjoy this idea, all the best
Red Boar
Bitcoin showing a Massive Expansion Zone up aheadThe Square of 52
This is what Gann referred to as his Master Calculator. It expands out 52 weeks from a predetermined start date and the price levels are formed off numbers that result in natural squares. Applied correctly, it is one of the most efficient ways to trade on a daily or weekly basis. The angles represent the natural flow of momentum and direction of a chart. This is as close to knowing the future as you can get. And for those you sci-fi junkies, you get to see a finite number of alternative conditions that may form. Right now, this is the most probable.
If price initally bounces off the angle above it, we should expect some pull back to the 8192.22 zone. If it does (or doesn’t), the zone in front of us is approaching what is known as the apex. We are approaching the exact center of time and price, we are returning to equilibrium and into a transition zone. But that’s not what is so exciting.
It’s the behavior of price after it crosses the inner arc.
It moves.
Fast.
And the expansion is extensive. The zone we are traveling to (if we get above the inner arc) becomes the most expansive and strongest trend we will experience until later in the year. It can not be understated the power of the moves that are coming if price enters above the arc. That $10,000 value area? It’s nothing. When price approaches that area, more than likely we just cruise right by it. Maybe cruise isn’t the word. We shoot through it.
Consider also the divergence on the daily chart with the Composite Index and the extended oversold condition of the Stochastic RSI . The current price level (at the time of writing this it was 8235) is also right on top of an inner harmonic that acts as a pivot which shares the same value as the .618 Fib level of the most recent swings.
These kinds of moves only happen once in a Square of 52. This is like a wormhole in Star Trek. When price enters it get’s whipsawed across and beyond the center. From the point of entry of the inner arc, price will move opposite/180-degrees from that location.
Which is the $11,600 area.
