Gann Fan
Bitcoin Sideways Movement ExplainedHi all!!
Good day!
Bitcoin sideways movement for almost a week.
Are you still worried on deciding whether it's the uptrend or the downtrend ??
This post uses some simple technical analysis with the tool "Gann Fan".
When the price action takes sideways movement for a while, and didn't respect the drawn trend lines, use Gann Fan, which will show what's happening.
As simple as that!!
Red Zone is accumulation zone. Keep Stop Loss just below the red zone.
Multiple Resistances are the Take Profit levels.
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~RPS~
W.D.GANN P&T FORECAST 2 with SHORT CALL OF EURUSD! ILLUMINATING!SHORT FX:EURUSD @ 1.13778
SL @ 1.14008 ( Inverted Hammer High )
TP1 @ 1.13523 ( Fibionacci 0.382 retracement )
TP2 @ 1.13208 ( Fibionacci 0.236 retracement )
Risky Intraday Trade on NIFTY!Stock Below Gann Fan and taking support @ 0.618 Daily fib1!
Risky trade but huge profits!
GI may see a low of 858Using the retracement bearish point of Q1 as a base for the Gann Fan, we may see a low of 858 and hoping for target of 1320.
HEG - 30 Minute Chart - Hoping for start of Bull CycleI have compared the Q1 and Q2 price movement patterns and have marked with numbers 1,2,3,4 (against each quarter). Also using the fibb retracement, I have charted that using the 4950 retracement rally levels from the bearish point of 2986 and expecting a target of 6154 and expect spikes of 6300-6400 (All time high expected) over the next 20 days.I am republishing this chart and your feedback is welcome.
Graphite on support around 935 levelsHopefully we should see upside this week with long rally with a target of 1320 levels before Dec 10th.
Nifty Coming down to 9963-10000 Range on or before 21 NovemberKey Level to watch out for(Study of 5Year chart)
Though there will be some correction in between. It is predicted that Nifty will come down
to 9900 - 10000 Level.
Some Intraday Opportunity will be there if 9th 0.96% October opens the nifty above 10331 Level.However
Expcting that intraday opportunity should end on 15th October or maximum by 19th october with 10547 level
If nifty goes below 10270 we may see the 9900 level soon. probably on 18october or maximum by mid of november.
Will keep on updating the progress.
Disclaimer : Only for education Purposes !!
USD/JPY Technical analysisFrom our analysis, It seems the pair attempts to breach its long term resistance repeatedly and is finally a D candle closed above 4/1 Gann Fan resistance
we expect the pair might reach new higher highs after this and would reach the expected target
USD/JPY Upcoming week AnalysisIt Seems USD/JPY reached it's high Resistance price on 78% retracement & it's expected to pull back until price @ 110.069 earlier from upcoming week
GBPJPY analysisGBPJPY pair is on high resistant areas a chance of 100+ pips down might expected...! on breaching the resistance might increase the chances of going up....!
NIFTY WEEKLY ANALYSIS ON 5 FEBRUARY TO 9 FEBRUARY 2018For coming week Bulls need to hold 10850 range, for the up move to continue towards 10960/11100. 5FEB -7 FEB are important time cycle dates for coming week, Any close below 10700 can see fast move 10600/10450
Lupin Neckline Breakout_Lupin is back on testing the neckline, also on the edge of the Gann Fan ray.
ESCORTS Fan BreakoutESCORTS has been moving in a Gann Fan pretty decently.
CUrrently testing the blue sup/resistance level
It also broke out of the inverted head and shoulders(neckline not shown)
All of that for an upmove to retest the lifetime highs.
BAJFINANCE Channel BreakoutBAJAJ FINANCE is moving in an up channel for over a month now.
Ranging in the yellow zone on this leg, and testing the edge of channel
Creating smaller range and small bodied candles,indicating a breakout soon (in any direction).
or it can continue to move between the range created. before breaking out of dashed pink lines
Also respecing the Gann Fan Levels
Balrampur ChiniThis stock follow Gann Angles very effectively, Hence all good till it does not close below 148
Target 170 and more.
Small SL hence take the trade or keep holding.
Nifty Bounced from Gann supports .NSE:NIFTY bounced from Gann Fan support of 2/1. Going long is feasible as soon as these supports are not violated. If they are deceived a Short should be made in it .
