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

Basics of Gann Analysis

range. Gann only used even numbered squares on his charts. In Figure 19.13, we set

the squared range to accommodate the length of four grids, measured from Point

A to Point B. The grid is then expanded across the chart. The area of application is

always after Point B. We observe Gold prices reacting effectively at the Gann grids

at various points. The scale was calculated using Approach 2.

Figure 19.14 shows the daily wheat prices reacting at the Gann grids and cy-

cling within the squared range. The scale was calculated using Approach 2.

In Figure 19.15, we see the daily Silver prices reacting effectively at the Gann

grids. The scale was calculated using Approach 2.

fiGure 19.13 Gold Prices Reacting at the Gann Grids.

Source: MetaTrader 4

fiGure 19.14 Daily Wheat Prices Reacting at the Gann Grids.

Source: MetaTrader 4