Looks like another consolidation area. Price breaks down further past this area we will probably be looking at the Double bottom play. I do have two Gann boxes placed from different pivot areas, and this will be interesting to see the influence as PA dances it's dance. The 10% drop to the "Daily Double Bottom" seems very reasonable.
The Caution?
As always the Bull buying power could kick in at anytime, and those are extremely powerful when it happens in these Bearish downtrends.
For The Gann Boxes.
One Gann Box is Fixed, if you the viewer grabs hold of the price or time line rails and adjust the sizing then please align the bottom of the Gann box to the other Gann box bottom and this is the correct placement for viewing. Thank you.
The Caution?
As always the Bull buying power could kick in at anytime, and those are extremely powerful when it happens in these Bearish downtrends.
For The Gann Boxes.
One Gann Box is Fixed, if you the viewer grabs hold of the price or time line rails and adjust the sizing then please align the bottom of the Gann box to the other Gann box bottom and this is the correct placement for viewing. Thank you.
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