🔺 Gann Trend Analysis
The red upward sloping line is a long-term Gann trendline connecting major swing lows since late May.
According to Gann principles, trendlines from major pivots are often tested again before a major reversal.
The annotation “a trend should be tested again” aligns with the Gann philosophy: after price rallies away, it often returns to test the base trendline.
The cluster of vertical blue time cycle lines (June 26) implies an important Gann time window, potentially a reversal point.
📐 Channel & Price Structure
A small ascending wedge/channel is drawn in red, signaling rising but weakening momentum.
Price is now approaching key resistance zones marked in yellow and green (1.1640, 1.1650, 1.1660, 1.1683).
These resistance zones suggest potential exhaustion, making the upper boundary of the channel a sell zone.
🔻 Bearish Scenario & Projections
Blue arrows indicate the expected bearish path after hitting resistance.
The reversal target is the Gann trendline retest zone around 1.1500–1.1520.
A break below this Gann trendline could trigger deeper drops in alignment with time-based cycles.
⚠️ Conclusion
This setup implies:
Bearish divergence between price action and time cycles.
Resistance clusters = likely reversal point.
Retest of the long-term Gann trendline is highly probable.
The red upward sloping line is a long-term Gann trendline connecting major swing lows since late May.
According to Gann principles, trendlines from major pivots are often tested again before a major reversal.
The annotation “a trend should be tested again” aligns with the Gann philosophy: after price rallies away, it often returns to test the base trendline.
The cluster of vertical blue time cycle lines (June 26) implies an important Gann time window, potentially a reversal point.
📐 Channel & Price Structure
A small ascending wedge/channel is drawn in red, signaling rising but weakening momentum.
Price is now approaching key resistance zones marked in yellow and green (1.1640, 1.1650, 1.1660, 1.1683).
These resistance zones suggest potential exhaustion, making the upper boundary of the channel a sell zone.
🔻 Bearish Scenario & Projections
Blue arrows indicate the expected bearish path after hitting resistance.
The reversal target is the Gann trendline retest zone around 1.1500–1.1520.
A break below this Gann trendline could trigger deeper drops in alignment with time-based cycles.
⚠️ Conclusion
This setup implies:
Bearish divergence between price action and time cycles.
Resistance clusters = likely reversal point.
Retest of the long-term Gann trendline is highly probable.
Markets move in angles. I follow the lines.
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這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
Markets move in angles. I follow the lines.
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。