drew this about 8 hours ago. bear trend very much still intact but a perfect setup off .705 ote and gann 8/1 was tagged for a no brainer long with stop just below angle. passed thru coinciding angle so the test shud be a failure at .382 or if it can get legs up before resuming to the downside tgt of 200. monthly s1 is currently 287 bfx and would be an almost...
While many people were calling 200s, and theres a good reason to expect 200 in the future we have bounced up from yet 5th consecutive gann angle at historical support. Many will contribute Paypal news to the rise, but anyone that understands market structure and gann went long with a sl below that pivot. If you look we have reversed at every gann angle since...