Short

Short based on Gann and Clones Combo

Updated

I already shorted this from 1267 today for targets 1261 and 1256 . If you are not short i would prefer you to wait for break and close below the trendline for targets double arcs or Clone Levels. This idea will be invalid if the price crosses 1272

Clone levels:
Upside: Entry 1272 for targets 1272/1278/1284
Downside: Entry 1267/1261 for targets 1261(for 1267 entry) / 1256 / 1251

Note: This is not a trade advise , please do our due diligence before placing the trades

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tp1 done

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TP2 done, this tp was quick, anything more is bonus for the day .

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i hope these ideas are helping you guys out in your trading decisions.

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Thankyou every1 for appreciation.

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so far it gave 4double arc targets, lets see whether we get that 5th double arc around 1250 area

Trade closed: target reached

All 5 double targets done on this one. i am closing all trades and will be sideline till the FOMC news is done.

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If any one interested how price moves between 3 gann angles ( blue pink n blue). here is the best example of Oil chart ,This chart has 3 gann squares ,first 2 are completed and 3rd one is in progress. Watch how price moved between those 3lines . When price moves in such way then its stable trend . just wanted to show u guys how price moves between gann angles

GcNaif

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