Was My Bank of America Forecast on FXStreet.com Off?

Was My Bank of America Forecast on FXStreet.com Off?

Sep 10, 2024

W.D. Gann’s Implicit Rule of the Trend that Guides the Market Structure & Price Movement


A few weeks back, I posted an article on FXStreet.com about Bank of America hitting a reversal at the $44.44 level.


The price dropped to around $35.


This wasn't just some random dip.


It mirrors the deep patterns and cycle structure in the market.


So here's what happened:


I pointed out a Repeating Energy Pattern around the $41.76 level.


The market made lower lows, confirming the downward movement leading to the drop.


But it didn't touch $37.61 like I initially predicted.


Use WD Gann indicator on Bank of America stock to gauge the key levels to watch




Instead, something fascinating happened.


A rebound materialized at $38.39 on August 21.


Use WD Gann indicator on Bank of America stock in August 2024

Did I get it wrong?


Not exactly.


Anyone using the Astro Amplified Trading Genius Formula would’ve seen the Repeating Energy Pattern precisely at $38.39.


They could've traded on that movement accurately without second-guessing.


Think about it:


How often do you get stuck in analysis paralysis, trying to figure out the next market move?


It’s not whether you miss a level or mess up the prediction by a few points.


It’s how you adjust and spot those Repeating Energy Patterns and act on them.


Using W.D. Gann’s methods and astrological insights give you an edge.


Not every day is going to line up perfectly. But with the right knowledge, your trades will become more consistent, and your confidence will grow.


Don’t waste more time guessing.


Learn the Astro Amplified Trading Genius Formula.


Take action and make your trades count.


-Khit Wong


Here’s my post on BAC analysis using Astro Amplified Trading Genius Formula at FXStreet.com on August 14: https://www.fxstreet.com/news/is-it-time-to-buy-or-sell-bank-of-america-after-warren-buffets-move-202408140624