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Gann Box

ASX200 - Breakout! Target 10800After the v-shaped recovery from the COVID-19 pandemic, we have seen a rally to the 7650 handle, where the market went sideways for the later 100-plus weeks. The accumulation stage is about to end as the 7650 resistance price was finally broken. The RSI is above 4o and moving above 60, which indicates bull market conditions. The composite index has shown a bullish divergence with price, also found in RSI. The Gann time count of 144 weeks from the prior high, is almost complete and should align will the Gann boxes count of 1 complete Octave. Furthermore, the 144-week bullish wedge formation forming in the chart. A calculation of a possible target is 10,000 points, using Fibonacci extensions, but more likely 10800 using Gann box techniques.
EIGHTCAP:ASX200Long
by TRADER-RI
AUDUSD HTF Retracement Idea LONGAfer big move yesterday during Asian session, a bit of accumulation on London and continuing to drop on New York, we saw how Asia again went to add more orders to their positions, but failing to break lows during London, gives me an insight that price might be loosing its downward pressure. Looking at HTF we can see a double top, that tells me there's liquidity there to be taken, before more positions can be added to last week's move. Now im looking for the price to take liquidity from early buyers around 0.65750 area, and reacting to range at 0.65650-0.65700 to continue going up filling the empty space towards 0.66500 area where I would be expecting a reaction. Upward move would be fueled by a DXY retracement to fill the gap around 102.280-102.380 area. That's my bias for today. although as always things could turn around and price could break Asia's low and move towards 0.65500 area
Long
by alessandrosalazarr
2
AUDUSD Technical Analysis After a big correction last week where we saw a big shift on AUDUSD´s direction, driven by market's realization of how actually the FED would cut rates at a much lower pace than expected by the market, we saw a correction on downside pressure on DXY, gaining strength as well by US strong economy data releases. I am expecting a continuation to the downside, just after maybe a liquidity grab at 0.66000-0.66100 area first, although increasing tensions on the Middle East Conflict disrupting supply chain, could drive the dollar further down as investors seek to put their money on o Oil and Gold, and that could change the sentiment on AUDUSD re-taking its way up again. Technical Analysis gives me a clear direction to the downside on the 15m/4h timeframe. We can see a double top on the 15m timeframe just at orange on th 4h timerframe which gives me the idea of liquidity to be taken before prices continues the move down, we can see a change on the 4h timeframe to the upside, and on the 15m to the downside. Im expecting the price to retrace further down to have a more clear view on the long run.
Short
by alessandrosalazarr
4
Strong EUR 02/01/2027One person, One trader was just different and it was W.D. Gann. I love to use his charting techniques for my long term thinking. I love reading his work and just hearing of anything he was apart of. A lot of his techniques no-one will know how to use but we can use Gann fans and boxes to an accurate degree. I believe based on my own TA we are in an uptrend. Time cycles, with Gann analysis show me a time and date we could be headed to. Time is Feb 1, 2027 … Time cycles also line up with that date perfectly. Gann fan and box also intersect and that point (Time and Price Squared).. In addition my TA says we are in a descending flag since the start of this currency pair and we are at the bottom favoring a return to the top … 10/4/2023 started a month and a half of longs positions.. 10/4/2022 was also a start of a bull run ... Strong EUR ...
Long
by ThePipAssassin
Notes on BTC Market Oct'23Over the past few months, CRYPTOCAP:BTC seems to find a pivot at 20% extensions of the up/down movement. To find sup/res points, what one can try is: take the last significant low/high and draw a rising/declining line at a rate of 12.5 USD per trading day from the chosen high/low. The current example is highlighted on the chart; an info line is provided for easier reference. The given dynamic support area is likely to have some maker bid volume, which usually translates into stop loss volume hurdles, effectively providing setups in both directions depending on which side overwhelms the market at these points of exchange. Keep your eyes on the prize, manage your risk appetite and stay tuned
BINANCE:BTCUSD
by Zoen_Trieste
4
UsdJpy Possible ShortThis is a mixture of Wyckoff and ICT ,so bare with me. We are at the end of the phase cycle. We would technically be in PHASE E, which would be where the market trades outside the TR ( trading range) . Now the market is consolidating as a retest to the top of the TR. It will either hold it or retrace back to 50% of the TR which would also be at an Discounted Area (green zones). We currently in premium aka the red boxes. Liquidity BSL is also resting above from last Thurs and this Wed. Would love to see price grab that while going to EXTREME premium, before shooting down to push PRICE HIGHER... just waiting to see. I got more Lower timeframe ICT based markups if yall mess with this one.
Short
by ConsciousFXtheDayTrader