Linking Time with Price LevelThe relationship between time and price level can be observed through the analysis of price charts and technical indicators. Technical analysis involves the use of charts and indicators to identify patterns and trends in price movements. One important aspect of technical analysis is the identification of support and resistance levels, which can help traders make decisions about when to buy or sell a particular asset.
Technical indicators can also be used to analyze the relationship between price and time. For example, moving averages can be used to identify trends in price movements over a specific period of time. The slope of the moving average can indicate the strength of the trend, while the distance between the price and the moving average can indicate the level of deviation from the trend.
In addition to technical indicators, traders also use fundamental analysis to assess the relationship between time and price level. Fundamental analysis involves the study of economic and financial data to identify factors that can influence the price of an asset. For example, changes in interest rates, inflation, and political events can all have an impact on the price of an asset over time.
To summarize, the relationship between time and price level is complex and multifaceted. Traders use a variety of tools and techniques to analyze this relationship, including technical indicators, charts, and fundamental analysis. By understanding the relationship between time and price level, traders can make more informed decisions about when to buy or sell a particular asset.
Regarding the development of price ratios, the expected price level and the expected price movement for the wave can be determined by analyzing technical indicators such as Relative Strength Index (RSI) and Price Oscillator. The RSI can be used to identify the overbought and oversold conditions of an asset, while the Price Oscillator can indicate the strength of the trend. By analyzing these indicators, traders can develop price ratios and make informed decisions about when to enter or exit a trade.
Finally, it's important to note that the relationship between price and time is not always straightforward. While technical analysis and fundamental analysis can provide valuable insights, they are not foolproof. Traders need to be aware of the limitations of these tools and use them in conjunction with other forms of analysis and risk management strategies.
Gann Square
Introduction To Gann Theory | Gann Square From ScratchHello, traders!
Today we gonna start one of the most complicated topics. Please pay as much attention as it possible and ask any questions you like.
Gann technical analysis methods are a bit complicated because they are based on geometry, ancient mathematics, astrology, and astronomy. Popular technical methods like Gann Angles and the Master Charts are at Gann’s disposal. The Gann Square is also among the several powerful tools that Gann developed.
How to use?
It can be used in a variety of ways.
One way is to start at the previous major pivot point (normally the end of the last 5 wave sequence) and draw it so that the 1 X 1 line follows the current market support areas to a good degree.
Simply put, if you want to draw it from the higher high, the end should be at the previous lower low to follow the price cycles. And if you are drawing it from lower low, finish it at previous higher high.
Another way is to highlight geometric formations that can forecast key support and resistance levels by counting forward from the all-time low or all-time high.
Well, I understand the difficulty of the instrument. It's kinda difficult to use it from scratch. However, tomorrow I will elaborate this article with short analysis using this powerful tool.
DISCLAMER: Information is provided only for educational purposes. Do your own study before taking any actions or decisions at the real market.
XLM buy/sell setup 50% profit in 50days (Rebuy of old bags)This is not a financial advice but Educational self explanatory TA builded for BITTREX:XLMBTC on:
Hidden Technical Indicators showing extended bull divergence across more timeframes
Price action/volume supports
Gann square
(+BONUS) Entry setup separation & Target Points supported by fractal visualization
** 1st entry (Green Zone) initiated in TA added in Related Ideas
*** More updates & Explanation will come for this TA if it will hit at least 25 likes
Original Entry 376 Satoshi ( Keep hitting play button :)
Visualization of previous trade (Sell 4-6K Satoshi)
ETHBTC – Gann square + Fibonacci ArcsHi Guys.
As all crypto market went down it is a good time not to panic and learn something new.
Today we prepared for you nice indicator Gann Square combined with Fibonacci Arcs.
This enables us to see supports and resistances not only linearly but also circularly.
Looking at the chart we can see at the horizontal axis we have a time and on the vertical axis we have price. Gann said ideal harmony is when they both move in a proportional way. That is way is middle line on this indicator is 45 degrees – it means when following this line price and time are in the harmony. When below that level price goes faster down (particularly in this case) than time. This means SELL. If we go above 45 degrees this means price goes faster than time and there is a time to BUY.
Ok but what happens in the middle. Is prices’ and people’s behavior linear? Not necessarily.
What can we do when being in between the lines 2/1 and ½?
So the answer is Fibonacci Arc. Imagine those circles are like pulsing sound.
Fibonacci claimed everything has a cycle and proportion. You can find numerous examples of shells, flowers and many more. People’s behavior changes over time. It pulses in someway.
Each pulse has circular shape so Fibonacci Arcs are so as well.
As you can see on the chart, many of the breaking points are aligned with levels marked by the circles.
They give us better insight when to enter and when to exit.
In this case we should SELL at around 0.098, reload at around 0.06 – the most important without fear we are below 1/1 level. Once bought wat the previously mentioned level we should sell ETH at 0.078.
If someone plays on this pair once would make 30% in a 3,5 months.
We put first circle in the lowest level of the 3 following bars.
What do you guys think?
Do you use it? Do you find it useful?
Please do comment, share your thought and don't forget to follow us.
THANK YOU FOR ALL YOUR SUPPORT! :)
Hugs!
WBM Team
Oil "Energy Model"This is a pretty simple model based on a Gann Square and concentric circles and squares. Price over time tends to move up or down 2 circles, or energy levels, before moving in the opposite direction.
Since price made a low near the point marked 0, we should expect that the oil price will generally move higher until the circle marked 2.
The parabola drawn was inspired from several sources, including Martin Armstrong. Price moved down fairly strongly once the peak of the parabola was passed.
It is possible that price may meet resistance at the green 2x1 line. In addition, price often moves in the opposite direction when crossing a square, so it is possible that price could retrace somewhat with the red 39 degree angle line below it acting as potential support.
Depending on how strong and steep the upward climb of price is, oil could move generally higher into 2017 and as late as 2018.
Nifty Gann trading map
Every line on the chart represents support or resistance.
Vertical lines are time lines where trend may change.
One can use this chart as trading map for next few months. This Gann square chart can be used in standalone way or with other trading strategies like. Candle stick patterns, demand supply zones, Momentum indicators, Fibonacci ratios, trend channels or any other way of your own. This chart can be considered as trade conformation chart.
With all kind of tools and charts we are trying to analyse where trend will change, with this or with my any other chart my intention is not to judge top or bottom. With all the tools we will always try to find possible entry exit and stops only.
It is helpful in deciding entry exit and stops.