- HI Friends..yesterday the moment our green channel got breached and day pivote at 4957 got taken out we had a massive jump of almost 90 points...our deadly combination of tools is creating magic..its really magic to me...
- today lets see how gann angles are working..if u see the chart above last three candles have closed in a higher zone ...that tells me that we have something to be offered on upside..
The same angles have been applied to 15 min chart....and if u compare both the charts then we are in similar zone and if this zone is broken on down side then bears will be in power...
- Coming for the day's game...the white channel's lower line is the support for the day..if that is taken out then yellow line will be a good support..if that is taken out then it will be a shock to bulls.
- as per fibo ratios 5013 is an important level if we can trade above it till 9:45 then we should see 5064.....
- the daily pivote stands at 4985 and first resistance at 5064...
- if we take EW view then A=4759-5005, B=5005-4906, now C should extend A, so the targets come to be 5039, 5062, 5098, 5128 5157...please do not correlate them as per classic EW guidelines, my method is dependent on complex fibo EW calculations...
- TREND IS OUR BEST FRIEND FOLLOW IT...u know guys i have not seen any business channel for last 4 days..good luck
The same angles have been applied to 15 min chart....and if u compare both the charts then we are in similar zone and if this zone is broken on down side then bears will be in power...
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