For all the Gann Fans - EURUSD
I was doing some analysis on the 4 hr time frame and managed to square price and time on the daily. Following my opinion on the move down over the next few months I wanted to find some nice entries.
Now if you believe in market energy at all, throw in a little superstition, and have studied the cosmos.. watched a biology doco in your spare time and generally believe life has a rhythm to it..
Then you will be able to see the importance and flow of price and its possible stopping points. Gann also points out possible turning points , they are inline with the fib levels (using a fixed Gann square) and have followed the time "cycles"..
Price can still move right up into the wedge.. however without a break of the current range ex: Big Move.. the longer the wedge the harder the fall..
Now if you believe in market energy at all, throw in a little superstition, and have studied the cosmos.. watched a biology doco in your spare time and generally believe life has a rhythm to it..
Then you will be able to see the importance and flow of price and its possible stopping points. Gann also points out possible turning points , they are inline with the fib levels (using a fixed Gann square) and have followed the time "cycles"..
Price can still move right up into the wedge.. however without a break of the current range ex: Big Move.. the longer the wedge the harder the fall..
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