TIME
Follow & Win; again!Those who have followed my last advice, have made a nice profit all the way up.
Now the C-wave of the correction goes all the way down. I marked 3 TP Level which are calculated by Fibonacci Ratios and my "Gann % Calculator" .
I'm looking for the TP2 and TP3 Level. If the TP2 level doesn't hold, the target will be the TP3.
Look at the related links (yellow arrows on the chart), to get a feeling of the trade you will made.
Price & Time Analysis of USD/JPY 1Hif you study the chart carefully:
Turquoise:
TIME:
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If this is the start of the 1st Wave of 5 then the trend lasted 173 hours which is:
- the same as the sacred geometry number 1.73
- 7,2 in days! 72 is a Gann Number!
PRICE:
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Low (√) - High(√) = 197 (close to 199 Lucas Number)
197 x 180° = 35460 or 35,460 which is close to 36, a Gann Number
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Yellow:
TIME:
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126 hours from start with a candlestick warning
126 or 12.6 is close to the Fibonacci number 13
126 or 1.27 is the √ of 1.618 (Fib.Ratio)
126 or 1.26 is close to 1.272 (sacred geometry)
PRICE:
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High - High = 2.314 or 231.4 which is close to 233 (Fib.Nr)
High(√) - High(√) = 114 (or 11,4 is close to Lucas Number 11) & close to 1.12 (Fib Ratio) which is the √ of 1.27 which is the √ of 1.618!
114 x 180° (360/2) = 20520 (or 2.052 = close to 2.058 which is √ of 4.236 , a Fib Ratio)
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Green:
TIME:
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127 hours from start with a nice inverted hammer.
127 or 12.7 is close to the Fibonacci number 13
127 or 1.27 is the √ of 1.618 (Fib.Ratio)
127 or 1.27 is close to 1.272 (sacred geometry)
PRICE:
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Low - Low = 2,2 (or 22 close to Fib.nr 21 & 2.236 sacred geometry)
Low(√) - Low(√) = 109 (or 10,9 is close to Lucas Number 11)
109 x 180° (360/2) = 19620 (or 196,2 = close to 199 Lucas Number)
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White:
If this is the new 1st wave after a completed Zigzag (3-3-5), then it shouldn't break through the price level of the last low. If it does, then an X-Wave is underway. Another downward move after a little break will appear.
My Gann % Calculator calculates two nearby support levels, which, if they hold, will confirm the 1st/B wave up.