W D Gann price time square is a critical calculation for trader. The key of the method, the calculation predicts possible reversal based on previous range and significant high and low.
Key important parameters
Significant low 9952 made on 23rd February 2018
Significant high 11157 made on 3rd September 2018
Price range 1799
Trading days elapsed 36
Calendar days elapsed 55
Price time square calculation can be accomplished in several ways.
I am discussing three simple methods here.
1. Find the price window using Gann square nine calculator and time window based on previous price range . The basis of this calculation is price = time * time
Next possible PT square happen on
16-10-2018 Price closed near Gann static level and market witnessed great movement next day
28-11-2018
10-01-2019
2. Price must reach a significant static Gann level on natural square dates like 1, 4th, 25th , 36th and so on from 3rd September 2018.
19-09-2018 PT square happened as price closed vert near to 11237. Market witnessed a volatile
movement next day
22-10-2018 Nifty witnessed volatile movement but no trend change happen
3. Converting price and range to degree and find the closest match
Nifty closed at 10030 . Degree equivalent of 10030 is 161 which squared with previous time range in calendar days i.e. 164 days.
If there is reversal, downtrend will continue . Following price levels might work as support 10001 9951 , 9901 , 9851 , 9851 , 9801 and major resistance will be 10201.
In next article , I will discuss on astronomical calculation for possible price time square.
Key important parameters
Significant low 9952 made on 23rd February 2018
Significant high 11157 made on 3rd September 2018
Price range 1799
Trading days elapsed 36
Calendar days elapsed 55
Price time square calculation can be accomplished in several ways.
I am discussing three simple methods here.
1. Find the price window using Gann square nine calculator and time window based on previous price range . The basis of this calculation is price = time * time
Next possible PT square happen on
16-10-2018 Price closed near Gann static level and market witnessed great movement next day
28-11-2018
10-01-2019
2. Price must reach a significant static Gann level on natural square dates like 1, 4th, 25th , 36th and so on from 3rd September 2018.
19-09-2018 PT square happened as price closed vert near to 11237. Market witnessed a volatile
movement next day
22-10-2018 Nifty witnessed volatile movement but no trend change happen
3. Converting price and range to degree and find the closest match
Nifty closed at 10030 . Degree equivalent of 10030 is 161 which squared with previous time range in calendar days i.e. 164 days.
If there is reversal, downtrend will continue . Following price levels might work as support 10001 9951 , 9901 , 9851 , 9851 , 9801 and major resistance will be 10201.
In next article , I will discuss on astronomical calculation for possible price time square.
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