Gann Fan and Ascending Arch

7 thg 6, 2018

If we break out of this last Gann fan channel now, we may test the next resistance point. If we fall in the channel we may hold to the next lower support. Either way, we should end up in the same price in the near future.

7 thg 6, 2018

Ghi chú

Wow, it pumped out of the Gann fan as I posted that. Now if we don't hold to this edge of the Gann fan, we should be taking the elevator up.

7 thg 6, 2018

Ghi chú

Given that we just made a swing up before publishing this, I would wager we take the lower route.

8 thg 6, 2018

Ghi chú

We've stuck to the upper edge of the Gann fan... heading toward the purple curved trend line.

8 thg 6, 2018

Ghi chú

Confirming contact with the purple curved trend line. Looks like we dropped under it just for a definitive pivot point. Expecting an uptrend range between the purple and aqua lines.