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Gannlevels

Gann Percentage Movements IntroductionW. D. Gann described many types of numbers that he calculated on a daily basis. He worked mainly with percentages based on the dollar and the number of months and weeks of the year in accordance with Astrology. Some of his more popular numbers were: 6.25% 12.50% 18.75% 25% 33% 37.5% 50% 62.5% ....and so on. He also wrote about the rule of 8, 9, 10 and even numbers. For this simple example we are using 6.25% and Bitcoin as the asset. ''One of the greatest discoveries I ever made was how to figure the percentage of high and low prices on the averages and individual stocks. The percentages of extreme high and low levels indicate future resistance levels.'' W.D. Gann 1949.
INDEX:BTCUSD
by EsotericTrading
5
Smart Money Analysis: Double Top with Major Hurdle $US30 is approaching a major hurdle with Double Top formation in place. If this hurdle is crossed and if $US30 manages to close above 35650 levels for consecutive 2 Days, then Sky would be the limit for $DowJones and $US30. Then DowJones would enter into a new orbit and will form its own new support and resistance levels above the current levels. Untill it closes above 35650 level, be careful with your Long trades, be properly hedged and look for early short signal to enter into short trades. For Education purpose only. All disclaimers apply
UShort
by Gann-Elliott-Trader
9
CLV0: Two Potential SetupsThe above chart shows potential price development scenarios before the expiry of this contract. The higher timeframes are showing signs of selling, any weakness in oil at this point can be justified by long interest vacating their holdings at almost a 100% gain from YTD low. Though aggressive bears might join in for a swing lower, it is imperative to be looking for buying opportunities upon signs of weakness. Another way to buy the dip is to sell a put option, let's say a CL Dec'20 strike @ $38.50, which would give the option writer a $1.5k premium at the current market, giving him/her a Break-Even price of around $37.00 where the stop sells would be placed separately on the CLZ0 contract.
NYMEX:CLV2020
by Zoen_Trieste
2
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.
NYMEX:CLQ2020Long
by Zoen_Trieste
3
Important dates, time & price zonesLTC top might be on (1 hr chart) 1/5 at 14:00 6/5 14:00 12/5 14:00 (V.I) Square of 144 Daily chart 13/5 is a very important day (3rd square of 7 from 18/12/2019) 24/4/2020 (8th square of 4) 7/5/2020 (9th square of 4 from 18/12/2019) & 61 days from 7/3/2020 27/4-28/4 (45-46 days from 13/3/2020) 12/5-13/5 (60-61 days from 13/3/2020) 13/5 (90 days from 13/2/2020) 12/5 (522 days from 7/12/2018) 12/5 Mer @ 61 48 12/5 Jup(natal) (0,360) Ura 12/5 Ura(natal) (60) Mer 11/5 Mar (0,360) Nep (natal) Important top levels (zones) 97.9-101.5-105.10 (V.I) 83.51-87.11-90.71 (V. I) 69.11-72.71-76.31
COINBASE:LTCUSDLong
by AshrafAllam
USOIL Potential Support & Resistance AreasThis 3 day charts shows basic retracement levels, percentage increase levels from the current low and angle relationship based support & resistance areas. So far, the oil market saw a sharp surge from the low $42, a longterm demand area, and currently it seems there's still some room for further upside. This move up can be regarded as a retracement leg within a bigger downtrend, the common retracement level being 38.20%, which falls around the $55 mark. However, there is an inverse head and shoulders pattern also noticeable on higher timeframes, so buyers might push for the 61.80% after taking some profits. Buying into weakness seems reasonable for now.
FX:USOILLong
by Zoen_Trieste
2