O'Reilly logo

Breakthroughs in Technical Analysis: New Thinking From the World's Top Minds by David Keller

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

CHAPTER 5
Price and Time
CONSTANCE BROWN
 
 
Price projection accuracy is possible when the concept of confluence is clearly understood. Confluence is a precise target zone derived from multiple price projections utilizing the natural expansion and contraction of price movement found in all markets and time horizons. The results form a mathematical grid that allows precise entry and exit strategies prior to any trade, with measurable risk-reward ratios. The concept of price confluence is then developed further to study confluence targets on the diagonal and vertical axes to determine time projections as developed by W.D. Gann. Gann accurately timed the start, magnitude, and duration of the crash of 1929.
Oil will be key to global equity indexes ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required