Gann Box
3 Pushes to 50% retraceHere we see price has advanced in 3 pushes, exactly 50% of the previous move. It's also inline with the 2x1 gann fann which we could use as a trailing stop loss.
@Level 2 - Looking to rise to Level 3Here we see that price has progressed to level 2 in 3 pushes to level 1 and an additional 3 pushes to level 2 as marked on the chart. We are looking for price to rise to level 3
CLQ0: Mapping Bullish ContinuationFurther to the earlier ideas on the August delivery contract, I would like highlight the fact that it has now become the front contract of the Crude Light futures curve, and that it did so while being traded at plus 100% from its YTD low. When the June delivery contract went into negative, this contract was trading at around $20/bbl. Two months later it is trading above $40/bbl and seemingly bulls are still very much confident in their holdings. Buying the dips towards the 150% area from YTD low seems reasonable. This would mean another 25% gain from $40/bbl. The chart shows all of the relevant details on the above.
GBPUSDThe vertical line is the time when the analysis ends
The analysis according to the theory of William Jean
And also directional movement and price behavior
Just the idea of the decision with your hand first and foremost
Accept respect and appreciation from me to you
BTC/USDT Gann Box medium term trends (learning!)I'm learning and experimenting with Gann patterns, and here's my first attempt at something meaningful!
This is a weekly BTC/USDT chart with a Gann box starting on the low point of the cycle (10 December 2018, $3156.26). The box is created with the 0.25% date set at the price high point (24 June 2019, $13970).
The most interesting trend lines that emerge to are:
- 0 to 1.0 timeframe @ 0.75 price retracement (solid orange line)
- 0.382 timeframe to 1.0 timeframe @ ATH price (solid blue line)
- 0.50 timeframe to 1.0 timeframe @ATH price (right-hand dotted blue line)
I don't know if we can draw any conclusions from this, but I'm interested in your thoughts!
CLQO: Up by 100%! What's next?Further to the earlier idea related to CLQ2020 contract in which there was a 100% up projection within certain time, it is now established that this contract traded the 100% up area from its YTD low, and that it is currently working the offers at this key zone. The sudden downside for long exposure that we saw earlier on today is most likely an effect of traders squaring off long exposure via profit booking. If aggressive bears are unable to gain momentum in this key area, the buy stops will surely increase the counter momentum. Staying tuned in for more.
BTCUSDThe vertical line is the time when the analysis ends
The analysis according to the theory of William Jean
And also directional movement and price behavior
Just the idea of the decision with your hand first and foremost
Accept respect and appreciation from me to you
Nasdaq 8,800 in 1-2 days?Sorry, we have to clearly use the same data 5/1 as the pivot point.
Symmetric before (3/24-5/1) and after (5/1-6/10) time split by 5/1.
And the Perfect 5 waves done.
The Correction may stop at the 4th wave end, which is 8,800.
It comes so fast. It may finish in 1 or 2 days.
The 2nd session ends at the scale of 0.618 of the first scale.
It's really magic of Fibonacci.
We have to respect the magic market power behind.
And the pivot point of 6/11 is the midpoint between 10,100 and 8,800.
Again...respect...
BE READY FOR BULLISH TERM after we sew the index has been completed circle and half now we expect start new circle with angle 72 also still have some down correction
our targets as the chart angle 144 & 216 as pentagon circle
GBPAUDThe vertical line is the time when the analysis ends
The analysis according to the theory of William Jean
And also directional movement and price behavior
Just the idea of the decision with your hand first and foremost
Accept respect and appreciation from me to you
Comments
GBPUSDThe vertical line is the time when the analysis ends
The analysis according to the theory of William Jean
And also directional movement and price behavior
Just the idea of the decision with your hand first and foremost
Accept respect and appreciation from me to you
GBPUSDThe vertical line is the time when the analysis ends
The analysis according to the theory of William Jean
And also directional movement and price behavior
Just the idea of the decision with your hand first and foremost
Accept respect and appreciation from me to you
GBPUSDThe vertical line is the time when the analysis ends
The analysis according to the theory of William Jean
And also directional movement and price behavior
Just the idea of the decision with your hand first and foremost
Accept respect and appreciation from me to you
