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

(sohrab1953) #1

Basics of Gann Analysis


Gann fan Lines
Gann fan lines describe specific ratio relationships between price units and time
units in the form of Price Units × Time Units. Gann fan lines tracks the:

■ (^) Number of price units traversed over one unit of time below the 1×1 line in a
downtrend and above the 1×1 line in an uptrend
fiGure 19.17 Weekly Corn Reacting at the Gann Grids.
Source: MetaTrader 4
fiGure 19.18 4‐Hour Chart of Sugar Prices Reacting to the Gann Grids.
Source: MetaTrader 4

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