Confirm planetary confluences on or around January 27th as a high point for more fluid intensity price action.
At important divisions of price or time, significant changes can be expected. Nevertheless, it's the angles made by combining the two that will show the greatest change. These angles are made on the square of the price.
In this case square doesn't mean raised by two. In geometrical terms, this is the square whose length is equal to its price. A square is drawn upwards from the low; downwards from the high. A range can be drawn downwards from the top or upwards from the bottom.
If the square has a fall angle of 45%, it is also referred to as the Gann 1x1 angle, which is the fall of one unit in one day.
Angles crossing over on a square are regarded as likely turning points. You should always pay attention to angles from the 50% mark.
At important divisions of price or time, significant changes can be expected. Nevertheless, it's the angles made by combining the two that will show the greatest change. These angles are made on the square of the price.
In this case square doesn't mean raised by two. In geometrical terms, this is the square whose length is equal to its price. A square is drawn upwards from the low; downwards from the high. A range can be drawn downwards from the top or upwards from the bottom.
If the square has a fall angle of 45%, it is also referred to as the Gann 1x1 angle, which is the fall of one unit in one day.
Angles crossing over on a square are regarded as likely turning points. You should always pay attention to angles from the 50% mark.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.