The Handbook of Technical Analysis + Test Bank_ The Practitioner\'s Comprehensive Guide to Technical Analysis ( PDFDrive )

(sohrab1953) #1

Basics of Gann Analysis


■ (^) Approach 3: Regression Line Measured from Significant Trough to Peak/ Peak
to Trough
■ (^) In an uptrend: Construct a regression line between the lowest significant
trough and highest significant peak.
■ (^) In a downtrend: Construct a regression line between the highest significant
peak and lowest significant trough.
fiGure 19.3 Finding the Scale or Trend Rate in an Uptrend via Approach 1.
fiGure 19.4 Finding the Scale or Trend Rate in an Uptrend via Approach 2.

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