Gann Box
With Gann, Fib and Support lines.With Gann, Fib and Support lines.
MACD shows more selling. not much volume to support the previous Bullish Wick on 8/15/16, so it has to retest those levels before going up.
AUDUSD Berish.Rceiprocal ABCD complted.time price square.AUDUSD Berish.Rceiprocal ABCD complted.time price square.
NETFLIX - will it fill the gapsAn appreciation of the beauty of Gann box. Netflix goes to a perfect 38.2% deep retrenchment and flip back - creating a possibility of ABCD pattern for the flat triangle.
Will it fill the gaps at the bottom that it didn't fill last time?
I can see that it will go to 58.53.
But before that will it goes back up and fill the gap that it created today before it moves down ?
GANN rocks - he always rocks.
SHORTING APPLE TO $75?The idea of shorting apple came from MikeSer in our conference call when I mentioned the huge gap between $80 to $76.
My real target for short is 82 (Fib 34) - but why not make it pass the gap and go to $75 :)
That will make the total down turn -44.25%, which is more inline with the other apple pull back.
So short Apple at 92 - with target at 82.5 and 75.5?
Long above 98.25?
But my bias is SHORT because the Elliot wave looks like 3-3-5 (with the perfectly developing alternating wave 2 and 4)
This chart is created with HPTZ methods from Triggers.ca
(my appreciation to Andrew Long who created the HPTZ method)
