Gann Analysis

Hello. Yesterday bulls pushed the price over 5x1 of 1.3502 and over the 4x1 from 1.4547. Swing is now up 432 pips in three days. Chance of conversion is 63.5%. The aim of the bulls today is to continue over 5x1 (1.3872) and to attack 3x1 (1.4007), and why not 2x1 (1.4100). The aim of the bulls is to defend 3x1 (1,4007) and attack 4x1 (1.3713).

JR97, now that I'm getting involved you are getting out? Damn I'm unlucky Best of luck to you mate. You input is greatly appreciated.

How's everyone doing?


Today's geometry for EURUSD

daily




h4




h1




m30

And the results. The price remained above 1x1 from 1.4939. This gives me reason to seek development of a model of downtrending channel from the double top.

Let us continue the weekly analysis. Integral part of the analysis is a two-bar swings chart. Friday's bar is an inside bar. In such rules bar does not change anything.
"Inside Bar: The inside bar occurs when the high is lower than the previous high and the low is higher than the previous low. When charting the swings of the market, the analyst ignores the inside bar and waits to see the trading range of the next bar. Often a sign of impending volatility especially if there are a series of inside bars"
The graph is still only swing up. Critical levels are marked with red lines. Below are the rules to change the trend.

Let me once again to show the model. If it assume that the price will move between angles 1x1 of the two tops. Then we can expect to reach an angle 1x1 at around 1.42 on top of the channel this week. I do not know when that will happen. But the model requires the angle to be resisted. We'll see when the price reaches there. If no resistance - the model has failed. Or if the price came down the 1x1 from 1.4939 - the model has failed. But now the price move between resistances and supports from the angles of 1.4547 and the model is still valid.

Levels of angles in the model.

Finally, the levels of the most important angles for next week.

I'd share this Gann box EURUSD(daily). The down trend still on going.

Levels of the most important angles for today.

Levels of the most important angles for today.

Hello godim

Let's see what the fans tell us @ 30 m EURUSD

Here's how it seems that M30 graphics. Again I remind that I am describing angles of the daily chart. In the coordinates of two previously calculated points.

This is a chart of the M5 and the table with the calculated coordinates.

That same situation of H4 chart. Here I use the fans of Gann.

A few hours later. This is the last from me for today ...

Levels of the most important angles for today.

Nothing surprising, maybe?

Hello. If we look at two bars swing chart already formed swing down. This allows me to build a new fan from the local peak 1.3934.

1.3523 is a good level for the Bulls, who seek support.

euro daily