Gann Square
We are only getting started yetRSI and MACD looking good on a daily base. New household partner announcements today will drive the price even higher - perfectly timed for the next arc on the gann square.
Let's see where this is going. I am very bullish on this and see Values between 1.6$ and 2$ as realistic within this year.
Happy trading!
This is not financial advise. Trade at your own risk and DYOR.
Gann Square readjusted to Log scaleI really found it hard to readjust my Gann Square to this Graph for future predictions. I realised I had to switch to a log scale chart in order to squeeze it in.
So this is the result. Even though I'm not perfectly happy with it as it seems a little sloppy on the 3rd Arc.
As we can see there was a sharp correction right at the edge of the 4th Arc down to the middle of the bollinger Band but still not breaking the upwards channel. Reason might be an actual correction or the sudden rise of BTC.
Anyway I see a lot of Potential for another leg up north.
As always: This is not a financial advice. DYOR.
Happy Trading!
Bullish Pennant on the edge of Gann Square ArcWe see a clear bullish pennant forming exactly at the edge of the Gann Square Arc.
This is a strong bullish signal. Let XRP Rise!
On a larger Scale there is a huge Triangle. It will probably bounce on the upper Trendline, thus giving us a very clear target at the 0.277-ish Area.
Happy Trading!
The usual Disclaimers apply. This is no trading advice. Do your own research.
Long XRP This is poised to go up in a medium/long time range. We will probably see another bunce from the top of the Triangle before a final burst to new highs. But this is a definitive gainer with huge potential.
This TA is based on both symmetrical Triangle pattern and Gann Square Analys.
Good luck to all traders out there! I appreciate Feedback and comments!
Bullish EURUSD daily chart with Gann squares, nearing resistanceThis is a follow on from a previous idea here: . The price is nearing support areas so I have now identifies entry points. I have outlined two profit taking opportunities. outlined on the chart.
The resistance is from the previous lows and Fibonacci retracements which line up with the Gann analysis.
Momentum on the Gann indicator looks like it may find supportThe 2x1 line looks too far away to test so we may find support earlier.
Moves in copper and iron ore also support this, recent price action and volume looks good also.
Bullish EURUSD daily chart with Gann squares, finding entriesWith price respecting the Gann arc, I am looking for buying opportunities at the support areas No.1 and No.2. These are also coincide with recent support and resistance areas. I have not placed definitive orders yet as I am watching price action closer to the support areas. I will update as the price action moves into closer positioning.