Wave Strategy Home Forums Trader’s Forum Dow Bounced Back from Gann Angle

This topic contains 3 replies, has 1 voice, and was last updated by  Ashish Kyal, CMT 3 months, 1 week ago.

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  • #142854 Reply

    Ninad Deshmukh

    Dow Bounced from Gann Angle

    #143029 Reply

    Ashish Kyal, CMT

    How are you deciding the starting point for the angle? Is it the pivot highs and pivot lows? This looks interesting…

    #143094 Reply

    Ninad Deshmukh

    Yes, these are swing low/high.  For Dow I also consider US election low as significant point and it gave great angles. Getting right scale to draw angles is challenge and I worked on that for last 2 years. I use 6 scales for weekly angles (so 6 charts). All angles work as support and resistance. But one of the chart works very well for certain swing move and that chart becomes trading chart.

    Take case of TCS chart attached. This particular scale captured recent move so well.TCS Weekly Angles

    #143327 Reply

    Ashish Kyal, CMT

    so which angle is valid for TCS currently?

    #143356 Reply

    Ninad Deshmukh

    This scale chart

    TCS Weekly Angles

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