DislikedYou have to see it on the history and which ever scale fits best, you have to use that.Ignored
Hi Haiderfsd,
Thank you for the insight. Much appreciated.
Hercs
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DislikedHi, suppose the negative line is breached and price is in the buy zone. We are looking for a higher swing low. What if that swing low breaches the positive trend line ? Does that negate the buy zone ? Suppose price moves up and breaches the new negative line ? Buy signal ? Or are we looking short ? Just sit on the sidelines ? A little discretion perhaps ?
Thanks, JackIgnored
Disliked
Hello GGGs!
Are the blue lines valid ones? After they are broken price comes back above (and closes above) them, this should make them invalid, right?
How about the green ones, do we wait until price approaches the big green line or can we use the more recent peaks too?
Thank you very much!
Flo
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DislikedToday the GBP/USD broke the NEGATIVE-active line for the first time since it was drawn on August 5th.
I am just showing this phenomenon which is the RED-line from (a) to (b).
The active POSITIVE-line is shown in Yellow from point (c) to (d).
In spite of us already being in a BULLISH direction, the price broke the "true indicator" (which is the RED-lined ACTIVE Negative Gann-line) and confirmation of the fact that we are now in a BULLISH Trend.
I would like Haiderfsd to give us instructions as to what is required from here on wards. It...Ignored
Dislikedhello hercs,
yes in this chart it is showing that now price is in buy zone. Now we have to wait here new peak and valley in buy zone. Mean in triangle when we will see higher low and price will break negative line then we will enter in buy trade.
In short, now just we have to wait new valley and then we will adjust negative line at new peak and then will wait for negative line break and then it will be buy signal.Ignored