US30 Road MAP
This chart uses Gann's Square of 9 to find key price levels through geometric and time cycles. Let me break it down:
1. Gann Angles:
Gann angles divide the price into degrees like 0°, 45°, 90°, etc. These angles correspond to key support and resistance levels.
The current price of 41,723.1 is near the 0° level at 41,835.8, which is a critical resistance zone.
2. Support Levels:
45° level: 41,513.02 is the first support.
90° level: 41,191.49 is the next major support.
180° level: 40,552.18 is a significant long-term support zone.
3. Resistance Levels:
Current resistance: 41,835.8 (0° level).
If broken, the price may target higher degrees above 42,000+.
4. RSI & Momentum:
Though not displayed here, RSI or momentum indicators can be added to confirm if the price has strength to break resistance or if it will reverse at support levels.
5. Time and Price:
The vertical lines represent time cycles, indicating potential turning points. For example, the intersection around Sept 23-25 could be a significant point to watch for a reversal or continuation.
Interpretation:
If the price breaks 41,835.8, the next target would be higher Gann levels.
If the price fails at 41,835.8, expect a retracement to the support at 41,513 or further down to 41,191.
This analysis relies on Gann’s philosophy that both time and price work in harmony, and significant market turns happen at key price levels combined with time cycles.
This chart is part of Gann’s secret tools and helps traders pinpoint high-probability areas for price movements based on the theory of vibration and geometric relationships in the market.
1. Gann Angles:
Gann angles divide the price into degrees like 0°, 45°, 90°, etc. These angles correspond to key support and resistance levels.
The current price of 41,723.1 is near the 0° level at 41,835.8, which is a critical resistance zone.
2. Support Levels:
45° level: 41,513.02 is the first support.
90° level: 41,191.49 is the next major support.
180° level: 40,552.18 is a significant long-term support zone.
3. Resistance Levels:
Current resistance: 41,835.8 (0° level).
If broken, the price may target higher degrees above 42,000+.
4. RSI & Momentum:
Though not displayed here, RSI or momentum indicators can be added to confirm if the price has strength to break resistance or if it will reverse at support levels.
5. Time and Price:
The vertical lines represent time cycles, indicating potential turning points. For example, the intersection around Sept 23-25 could be a significant point to watch for a reversal or continuation.
Interpretation:
If the price breaks 41,835.8, the next target would be higher Gann levels.
If the price fails at 41,835.8, expect a retracement to the support at 41,513 or further down to 41,191.
This analysis relies on Gann’s philosophy that both time and price work in harmony, and significant market turns happen at key price levels combined with time cycles.
This chart is part of Gann’s secret tools and helps traders pinpoint high-probability areas for price movements based on the theory of vibration and geometric relationships in the market.
Uwaga
41513 Done ;)
Uwaga
Magic!
Time is more important than price. When time is up price will reverse." – W. D.
Wyłączenie odpowiedzialności
Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.