Drinking and thinking again. Why not draw some Gann angles upside down? Take a swing low then draw a 315 degree angle, instead of a 45 degree angle. Then wait for the next swing high, and put a 45 degree angle, instead of a 315 degree angle. Then put a vertical line on the date of the high. Then put a horizontal line where the vertical line from the high intersects with the 315 degree angle. There's your target entry price, if you want to go long. (Some time in the future. Think long term). Then after price makes a lower low, put a 45 degree angle on there, and where the horizontal line intersects with the 1x1, put a vertical line there, and that's your low risk, entry time to go long. Then put a another vertical line on the date of the swing low, and where it intersects with the 45 degree angle from the swing high, put another horizontal line there. That's your take profit area of interest. Then after it reaches there, if you decide that you now want to go short, you'll also have a take profit date to close your short, where the 1x1 angle from the swing low intersects with the horizontal line on top. Here's a chart of the EUR/NZD daily as an example. Time for another drink.
Time turns trend. - W.D. Gann