This what I mentioned earlier in the week. Here's a couple of charts to "show"what I was trying to convey.
This a Gann Sq of 360 in price only. Red arrow =360 pts.(dark blue line) other lines are 1/8ths (red ) 1/3rd (green)
Above is using lower high with same 360 Sq... price reacted off 360 pts price & rallied 180 pts to 50% of the the move down.
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Last
8,757.2 |
Change
118.200(1.37%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,639.0 | 8,776.4 | 8,639.0 |
| XJO (ASX) Chart |