Looking for Secondary pivots for Gann type lines:
The book I'm reading says, 'the market will teach you if you let it'.
So I am experimenting with finding secondary pivots for angular analysis and seeing where it takes me and what I can learn.
The chart shows my observations and ideas thus far.
As I write Bitstamp is 630.9 and Finex 628.8 so I'm confident of a breakout to the upside of this pennant...and the MFi breaking through the resistance I've indicated...I wait to see what Monday brings.
Still long from 565
Happy Saturday :-)
So I am experimenting with finding secondary pivots for angular analysis and seeing where it takes me and what I can learn.
The chart shows my observations and ideas thus far.
As I write Bitstamp is 630.9 and Finex 628.8 so I'm confident of a breakout to the upside of this pennant...and the MFi breaking through the resistance I've indicated...I wait to see what Monday brings.
Still long from 565
Happy Saturday :-)
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