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!

Comment

Here are the levels on the 1h chart.

Happy trading.

Comment

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

Comment

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!

Comment

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!

Comment

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

Comment

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

Comment

Ping pong betweel levels :)

Comment

Amazing range established between 8600-7700 square of 9 levels

oxybiz

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.