Another possible Gann Square analysis with Fibo Channel
This is an alternative to my previous idea.
If 23k is a significant pivot, this reading will present a more convincing confluence.
I overlaid a Fibonacci Channel parallel to Gann Fan 8 x1 and horizontals tangent to the arc.
Difficult to adjust chart sizing in posting. Please scroll and expand the chart horizontally for the visibility of individual candles.
Note: Gann Square is a built-in drawing tool of TradingView. See reference here.
Note
Close look.Note
Zoom out + channels divided.
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Related publications
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.