Left side fans control the right half and right side fans control the left half.
Positive tend angle broken. Negative angles are now used in place.
ES is showing a major bullish tunnel break on ES1!. To further understand this break a 2h time chart on ES2! is used to target a more precise bearish tunnel starting at the top of the new short trade.
Much cleaner chart and much less clutter. Credit to Magic_xD for the vertical line pivots and squaring techniques.
Crazy crash past few days. Glad to see so many points get touched!
Usually, I don't use much color in my analysis, but these Gann box angle setups were too good not to be complemented with a little color. The colorful triangles help show a clear start and end of a pattern or trend.
The lower purple channel(s) will likely get filled and act as strong support.
Gann fans are great. So great in fact that I despise indicators (mostly because of all the "mula" that they've lost me). Placing these fans and angles take about 5 minutes to set up and really aren't as complicated to set up as they might look. At the core of this analysis is the use of a geometric practice called squaring. The way you do this is by finding your...
These gann levels provide sufficient barriers for a trend reversal at non-perpendicular levels. Please ask questions if you're more interested in my analysis approach.
I can see the upper half of the gann lines being hit at many levels as this steady bull market continues
Nice bearish widening wedge playing out and bouncing between these Gann fan and Fibonacci fan levels. Don’t know how long this pattern will last, but I’m expecting a breakout towards the downside. If your planning to play this setup. Use SPXU as the underlying asset. SPXU is a (•-3) exposure to the S&P 500 ... so calls=puts.
Nice bearish widening wedge playing out and bouncing between these Gann fan and Fibonacci fan levels. Don’t know how long this pattern will last, but I’m expecting a breakout towards the downside. If your planning to play this set up. Use SPXU as the underlying asset. SPXU is a (•-3) exposure to the S&P 500... so calls=puts.
I've seen this specific move on multiple stocks recently (especially from breakout stocks). I see TSLA potentially moving closer to the 8/1 GANN line. I know it is a very unpopular opinion right now to be short, but please consider reality before you buy and don't try to catch a falling knife... as some of us have recently learned with GME, SNDl, or BB. I also...
Had a great run after it formed a symmetrical triangle and broke out. Since the breakout, we have pulled back nearly 40%. Like many of my analyses, we see key pivots in the stock at the 8/1 Gann angle. I believe this along with the fundamental news of the companies quarterly earnings will continue this breakout and bring the price above the recent highs of $44.
Don't see this as a "meme stock" right now and think it's got some great news under it, such as: +Partnership with IBM +Amazon AWS and BlackBerry Partner for NEw Intelligent Vehicle Data Platform +BlackBerry QNX used in Motiuonal Driverless Platform (Hyundai, Aptiv) +Facebook settlement to be announced +Partner with Baidu to work on a New Autonomous Driving...
I used gan fan 8/1's as the flag support and resistance and excluded the unneeded counterparts of the fan. This use of the Gann fan recently worked out for me very well for the PLTR breakout, which shares many similarities to this particular breakout. I believe the breakout has just begun and I predict a conservative 32% ($47.49) upward move or an optimistic 75%...
Been watching this one closely for a while, just thought this chart could be helpful and maybe could expose some newbies to Gann's trading methods.