![]() ![]() Gann says that the ideal balance between price and time exists when price rise or fall at a 45-degree angle relative to the time axis.įor drawing Gann Angles between a significant top and bottom (or vice versa) at various angles. Here for Gann Angles, Rice/run of 1 × 1 will always equal to 45-degree angle. ![]() Equal time and price interval are used on the charts for Gann’s techniques. He believes that different patterns and angles have unique characteristics that could be used to predict the price action. Gann develop several unique techniques for analysing price charts. Now let’s understand the Gann angles in detail. The theory of Gann is based on Gann angles. This theory revolves around natural law and mathematics. Gann theory identifies the best combination of price, time & pattern that helps trader to find successful trade. This relationship is the key to get success using Gann theory. For example, a pattern may have influence on the movement of share, while at another time it will be time and price that will influence the market. The main purpose of Gann theory is to understand that at various times, different aspects will influence the market. ![]() Gann Theory is useful for predict the future movement of market. Gann theory is useful for interpretation, but it requires understanding and lot of practice. William Delbert Gann is known for his market forecasting abilities, such as Gann Square of nine that contains mix of geometry, astrology, and ancient math techniques. ![]()
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