Gannlevels
NZDUSD Long-term idea with Gann fans These gann fans go back to 2014, we see the loss at the end of 2021 former support line, freely according to the law of attraction we would accordingly land on the nearest one. However, this may take until 2023 and represent a 5% loss against the USD.
Currently we are at a horizontal support line, which results from the crossings of the fans, this could, as of now, slow down the fall somewhat, but probably not stop it.
EASIEST WAY TO SQUARE RECENT PRICE ACTION FOR GANN TOOLSTake a recent significant high or low price.
Then find a square root calculator and receive the square root.
Then square that number again.
Finally, go to settings - scale - and select "lock to scale" to insert the final number.
For this case, it came to 8.13, and so the chart has been locked in with that scale and set to the 4-hour.
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.
GANN AMAZING SECRET METHODThis is based on the 90 degree fixed mathematical law or universal rule.
Method: Use the trend angle tool and mark a low/high trend line. Next, take note of the angle. Then, subtract 90 from the angle to arrive at the second angle degree number that you will then draw to arrive at 90 degrees in the prediction of future trends.
His master class text is posted below.
Smart Money Analysis: Double Top with Major Hurdle $US30 is approaching a major hurdle with Double Top formation in place. If this hurdle is crossed and if $US30 manages to close above 35650 levels for consecutive 2 Days, then Sky would be the limit for $DowJones and $US30. Then DowJones would enter into a new orbit and will form its own new support and resistance levels above the current levels. Untill it closes above 35650 level, be careful with your Long trades, be properly hedged and look for early short signal to enter into short trades.
For Education purpose only. All disclaimers apply
How to earn 24~33 ticks from FCPO each day using Gann level?1. Using Gann square of 9 to determine potential support and resistance level.
2. Between each Gann level has a range of 33 ticks for FCPO.
3. Combination of Gann level and support resistance to entry.
4. Knowing the market condition is a must. (either sideways or trending market)
CLV0: Two Potential SetupsThe above chart shows potential price development scenarios before the expiry of this contract. The higher timeframes are showing signs of selling, any weakness in oil at this point can be justified by long interest vacating their holdings at almost a 100% gain from YTD low. Though aggressive bears might join in for a swing lower, it is imperative to be looking for buying opportunities upon signs of weakness. Another way to buy the dip is to sell a put option, let's say a CL Dec'20 strike @ $38.50, which would give the option writer a $1.5k premium at the current market, giving him/her a Break-Even price of around $37.00 where the stop sells would be placed separately on the CLZ0 contract.
CLQ0: Mapping Bullish ContinuationFurther to the earlier ideas on the August delivery contract, I would like highlight the fact that it has now become the front contract of the Crude Light futures curve, and that it did so while being traded at plus 100% from its YTD low. When the June delivery contract went into negative, this contract was trading at around $20/bbl. Two months later it is trading above $40/bbl and seemingly bulls are still very much confident in their holdings. Buying the dips towards the 150% area from YTD low seems reasonable. This would mean another 25% gain from $40/bbl. The chart shows all of the relevant details on the above.
Important dates, time & price zonesLTC top might be on (1 hr chart)
1/5 at 14:00
6/5 14:00
12/5 14:00 (V.I)
Square of 144
Daily chart
13/5 is a very important day (3rd square of 7 from 18/12/2019)
24/4/2020 (8th square of 4)
7/5/2020 (9th square of 4 from 18/12/2019) & 61 days from 7/3/2020
27/4-28/4 (45-46 days from 13/3/2020)
12/5-13/5 (60-61 days from 13/3/2020)
13/5 (90 days from 13/2/2020)
12/5 (522 days from 7/12/2018)
12/5 Mer @ 61 48
12/5 Jup(natal) (0,360) Ura
12/5 Ura(natal) (60) Mer
11/5 Mar (0,360) Nep (natal)
Important top levels (zones)
97.9-101.5-105.10 (V.I)
83.51-87.11-90.71 (V. I)
69.11-72.71-76.31
Gold consolidation for 176 or 320 hrsHi guys
Gold mist probably will consolidate for the next 176 hrs or 320 hrs and it will retest 1745 on one exact number of them then it will fall 1679 and the next strong number that may stop the fall is 1643 and this is the strongest point to stop at.
Good luck.
USOIL Potential Support & Resistance AreasThis 3 day charts shows basic retracement levels, percentage increase levels from the current low and angle relationship based support & resistance areas. So far, the oil market saw a sharp surge from the low $42, a longterm demand area, and currently it seems there's still some room for further upside. This move up can be regarded as a retracement leg within a bigger downtrend, the common retracement level being 38.20%, which falls around the $55 mark. However, there is an inverse head and shoulders pattern also noticeable on higher timeframes, so buyers might push for the 61.80% after taking some profits. Buying into weakness seems reasonable for now.
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.