BTC/USD - Bitmex Square of 9 Levels Gann Study

Updated

Ok folks, I know not many of you have the time to create such a study, or many don't want to share it with the public but today I decided to share this Gann study for Bitmex.

I used the square of 9 to plot these numbers on the chart.

Besides that, I also have the Square fixed and the Gann fans. It's up to you how to use it :) There is no right or wrong how to trade if you are more profitable then not.

One thing is clear, the lvls are god damn respected!

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Here are the levels on the 1h chart.

Happy trading.

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Also notice the power of speed bumps! when you are close to the arcs better to pay attention. Price action is very violent.

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8100 is a square of 9 lvl, fascinating how the price action moves along this lvl. Now acts as support if we break through next stop is at 7700
I grabbed my popcorn to watch!

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As mentioned on the previous post, 8100 lvl acted as support which was lost after several attempts and I said that next stop for support zone will be at 7700.

We visited 7700 and we bounced to almost 8600 which was another square of 9 resistance lvl in this case.

Now we "fight" with 8100 lvl which is again support.

Didn't paid to much attention to this trading strategy with the square of 9 lvls but looking back in hindsight the strategy is pretty accurate!

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Here we go again, we just touched the 8100 square of 9 lvl and out of nowhere look what happened. The price immediately bounced

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Seems that I had a problem with the initial chart posted, the Gann fans didn't had on the square. Here is the correction

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Ping pong betweel levels :)

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Amazing range established between 8600-7700 square of 9 levels

oxybiz

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