Gann Box
BTCUSD | 9D | DOUBLE GANN GEO SETUPThis is the continuation chart of my March 15th 2018 chart (see related idea link) expanding in the other half of the harmonic gann wheel. As you can see it seems that bitcoin is sitting tight on the arc acting as a support base for the next rally higher.. enjoy!
Cheers,
Keops
Gold Monthly Meeting ResistanceHere is a monthly gold chart squared to ATH. As illustrated, the gold price soared to the 15º angle line coming down from the ATH, and this is expected to attract some supply around this level. There's an increased risk of downside for long position holders, and significant reduction of short risk exposure might ensue if there's a sign of demand failure here. Looking for short entries makes sense at this point.
USOIL 3 Day Chart Here's a longer term outlook on USOIL with potential supply and demand areas. For now, oil is seemingly set to test the overhead supply area highlighted with fib horizontal levels and sloping-down angle lines. Depending on the reaction upon meeting these levels, the lower demand areas might come into play. Looking to add to short risk exposure for another bullish push before meeting resistance, where some short risk exposure reduction by the institionals is expected.