Long Follow up

Analysis and Trading based on Envelopes, Waves, Cycles

BTCUSD 1 mn opened Long Position

Analysis and Trading based on Envelopes, Waves, Cycles

closed Long position + 2325 points

Analysis and Trading based on Envelopes, Waves, Cycles

closed short position

Analysis and Trading based on Envelopes, Waves, Cycles

BTCUSDT 1 mn opened Short position

Analysis and Trading based on Envelopes, Waves, Cycles

image

Analysis and Trading based on Envelopes, Waves, Cycles

closed short position

Analysis and Trading based on Envelopes, Waves, Cycles

closed short position

Analysis and Trading based on Envelopes, Waves, Cycles

same configuration here

Analysis and Trading based on Envelopes, Waves, Cycles

image

Analysis and Trading based on Envelopes, Waves, Cycles

Good observations and analysis Terry. You just got it ! Spot on. No clear Focal Point, hence no Target Price. A Provisional "Square" - 5 CMA's pointing Down. And "Follow the trend (which is our friend) In short kind of Fire and Forget Trade ...

Analysis and Trading based on Envelopes, Waves, Cycles

closed short position

Analysis and Trading based on Envelopes, Waves, Cycles

opened short position

Analysis and Trading based on Envelopes, Waves, Cycles

BTCUSDT Follow Up Gann Analysis (after private tuition on decoding "secret" methods veiled in hidden language )

Analysis and Trading based on Envelopes, Waves, Cycles

yes it is the basic raw idea you see everywhere - looks good on conferences and seminars but it is not so simple and simplistic. Depends where you are on the Grid and where the move started. In fact you have to "classify" and "hierarchize " ...

Analysis and Trading based on Envelopes, Waves, Cycles

you can be sure they are not using it for trading answering the key questions : where to enter, where to exit where to position your Stop Loss. But is looks very good on seminars and conferences. If you want to write a book, you have a subject for ...

Analysis and Trading based on Envelopes, Waves, Cycles

or ellipses

Analysis and Trading based on Envelopes, Waves, Cycles

some people like to add Circles

Analysis and Trading based on Envelopes, Waves, Cycles

You just need to practice with various grids to understand the relationship between them, what is common as informations they give you, what is different. What conclusion(s) you can draw. Put that on paper to sse an analyze the evolution with time , ...

Analysis and Trading based on Envelopes, Waves, Cycles

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Analysis and Trading based on Envelopes, Waves, Cycles