Beat Gann 1:1 45 degree line and backAs you see, Gann line catch all the turning point from this raising wave and finally touch 1:1 resistance line, it is suppose to re-test EMA 7 support, about 1217 before go ahead. For indicator matching, fast, medium, slow indicator make double top re-bounce, and classic price action bearish pattern occur. For DMI, DI+ time to drop cut on ADX, standard bearish view too. Finally, I would introduce my EMA_MUSIC_STAVE, the last green calculated line catch the Top 1263, best of the best.
Stave
EMA_MUSIC_STAVE_BY_COWBEARCAR 1.03Using EMA 7, 20, 38, 62, 100 to make music stave/staff on Stock View.
Besides, using 2H-L to catch High/Low if possible ,
you can see the EMADiff lines nearly always touching Candle High/Low,
even few outgoing and you can try to eat when it back to calculated zone:
(2*Ema4 - Ema10) or (2*Ema7 - Ema20) or (2*Ema7 - Ema38).
Update History:
Version 1.00 Simple copy Gubby GMMA and modify to my music stave/staff.
Version 1.03 Adjust the color