Gann Fan

Popular Today
Popular Today
Popular All Time
Newest

Gann Fan

The Gann Fan is a technical analysis tool created by W.D. Gann. The tool is comprised of 9 diagonal lines (extending indefinitely) designed to show different support and resistance levels on a chart. These angles -drawn from main tops and bottoms- divide time and price into proportionate parts and are often used to predict areas of support and resistance, key tops and bottoms and future price moves. Please note that the chart needs to be scaled properly to ensure the market has a square relationship.

The method is based on the notion that markets rotate from angle to angle and when an angle is broken, price moves towards the next one. The most noteworthy angle is the 1x1 or the 45° angle, which represents one unit of price for one unit of time. A change in the direction of price is expected when the market reaches an equal unit of time and price, up or down. During an uptrend, if price remains above an ascending angle, the market is considered bullish and vice versa. TradingView has a smart tool that allows users to draw up to 9 customizable angles on a chart.
Quadricolor Quadricolor EURUSD, D, Long ,
EURUSD: Bullish EURUSD daily chart with Gann squares, nearing resistance
70 0 3
EURUSD, D Long
Bullish EURUSD daily chart with Gann squares, nearing resistance

This is a follow on from a previous idea here:https://uk.tradingview.com/chart/EURUSD/0pKGEpaX-Bullish-EURUSD-daily-chart-with-Gann-squares-finding-entries/ . The price is nearing support areas so I have now identifies entry points. I have outlined two profit taking opportunities. outlined on the chart. The resistance is from the previous lows and Fibonacci ...

Quadricolor Quadricolor EURUSD, D, Long ,
EURUSD: Bullish EURUSD daily chart with Gann squares, finding entries
45 0 2
EURUSD, D Long
Bullish EURUSD daily chart with Gann squares, finding entries

With price respecting the Gann arc, I am looking for buying opportunities at the support areas No.1 and No.2. These are also coincide with recent support and resistance areas. I have not placed definitive orders yet as I am watching price action closer to the support areas. I will update as the price action moves into closer positioning.

United Kingdom
United States
India
Deutschland
España
France
Việt Nam
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out
Browse