This chart represents a detailed application of Gann’s methods on LCSW stock, providing insights into price action, support/resistance levels, and trend analysis. Price Finished 2 Cycles and is within 3rd Cycle!
Please Zoom TO Present like this:
Key Observations: Gann Levels: Horizontal levels represent important price zones derived from Gann’s methodology. These levels act as significant support or resistance
Gann Angles: The grid formed by the diagonal lines provides a framework for understanding the balance between time and price. The stock has been respecting these lines, suggesting the relevance of the Gann grid in its price behavior. Lots of times you can relay on the Grid trends and Start Drawing Classic Channels using its angles! Next Resistance :Strong! Watch out (31.89) , 35.77 Near Support : 28.24 , 24.81 Wish you best of Luck Trading.
ملاحظة
Classic
ملاحظة
Price is trying to hold above the 28.25 This is the Critical support Level,
Below it the diagonal of the Grid at 26.92
Near Resistance The Grid line around 29.52
Trade Carefully
Wish you best of Luck.
Time is more important than price. When time is up price will reverse." – W. D.
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