Wti - Us Crude Oil Spot - Important Levels
Important Levels For WTi
The chart highlights a detailed application of Gann techniques to analyze WTI movements. Using the Jinny Gann indicator, critical price angles (e.g., 45°, 90°, 135°, 225°, and 360°) are plotted, revealing symmetrical resistance and support levels.
Key Observations:
Gann Levels: Horizontal levels represent important price zones derived from Gann’s methodology. These levels act as significant support or resistance
Jinny Gann Grid : 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!
Wish you Best of luck
The chart highlights a detailed application of Gann techniques to analyze WTI movements. Using the Jinny Gann indicator, critical price angles (e.g., 45°, 90°, 135°, 225°, and 360°) are plotted, revealing symmetrical resistance and support levels.
Key Observations:
Gann Levels: Horizontal levels represent important price zones derived from Gann’s methodology. These levels act as significant support or resistance
Jinny Gann Grid : 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!
Wish you Best of luck
Time is more important than price. When time is up price will reverse." – W. D.
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