Thursday, 4 November 2010

FTSE natural Gann ranges

Ideally want to see a false break of the 5833 high that respects natural Gann levels.Natural Gann levels are numbers based on multiples/fractions of 360.These often cluster at major highs and lows,but as ever,a reversal is needed to confirm.

A false break would leave a major double top sell signal in place...very important to watch this setup !

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