Pat494
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Just getting back to topic if I may - here is the latest Gann forecast from Gunner 24
Also the following GUNNER24 is suggesting that the down swing might end on Monday or Tuesday.
( there is a chart here )
The price simply does not manage to overcome the 3rd double arc. Even though our supposition was right that on the 21st day of the down swing a low would prove true, but only if on Monday and on Tuesday the orange support diagonal resists at 1049 to 1053 it will really be an important low. In case the orange support diagonal breaks, that will spell the end of the down swing at 1000 to 1010 on the 34th day (06/14).
We've got some different signals, but nothing is decided yet. It depends very much on Monday and Tuesday. If one of both days closes under 1050 a short on daily basis with target 1000 to 1010 will be possible since in that case we will have to work on the assumption that the down swing will last 34 days. Also a crash on Monday or Tuesday is possible, falling onto the 1032 or 1010 respectively, immediately recuperating the losses there. Anyway, the temporal sphere of influence of the 3rd double arc in the 13 Candle GUNNER24 Up Setup is dominant. It is going to last two more days. Such a sphere of influence uses to have enormous consequences on the prices nearly always. Quick moves into both directions, that means high volatility. Supports and resistances are broken, captured and rapidly re-conquered...
Hope you can understand it
Also the following GUNNER24 is suggesting that the down swing might end on Monday or Tuesday.
( there is a chart here )
The price simply does not manage to overcome the 3rd double arc. Even though our supposition was right that on the 21st day of the down swing a low would prove true, but only if on Monday and on Tuesday the orange support diagonal resists at 1049 to 1053 it will really be an important low. In case the orange support diagonal breaks, that will spell the end of the down swing at 1000 to 1010 on the 34th day (06/14).
We've got some different signals, but nothing is decided yet. It depends very much on Monday and Tuesday. If one of both days closes under 1050 a short on daily basis with target 1000 to 1010 will be possible since in that case we will have to work on the assumption that the down swing will last 34 days. Also a crash on Monday or Tuesday is possible, falling onto the 1032 or 1010 respectively, immediately recuperating the losses there. Anyway, the temporal sphere of influence of the 3rd double arc in the 13 Candle GUNNER24 Up Setup is dominant. It is going to last two more days. Such a sphere of influence uses to have enormous consequences on the prices nearly always. Quick moves into both directions, that means high volatility. Supports and resistances are broken, captured and rapidly re-conquered...
Hope you can understand it
