mohammad_kattea

Gann Analysis - price angles

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BINANCE:ADAUSDT   Cardano / TetherUS
today is my first publication on trading view as I will write about Gann Analysis (price angles)

William Delbert Gann, a stock and commodity trader active in the early 20th century, was known for using various methods and tools, including angles, in his trading approach. He believed that angles could be used to identify key levels of support and resistance, predict trend reversals, and forecast price movements. Gann used a combination of technical analysis, astrology, geometry, and numerology to create a unique system of market analysis. He drew angles on price charts to track the movement of prices and used them to make trading decisions. It's important to note that Gann's methods and ideas remain controversial and are not widely accepted by the mainstream financial community. He was also known for his ability to make highly accurate market predictions, which earned him a reputation as a successful trader.

Angles were a key component of William Delbert Gann's trading method. He believed that prices move in a series of waves and that these waves could be represented by angles on a price chart. According to Gann, these angles could be used to identify key levels of support and resistance, predict trend reversals, and forecast price movements.

Gann used a variety of techniques to draw angles on his charts, including the use of a ruler and a protractor. He believed that these angles could provide insight into the underlying trend of the market and help traders make informed decisions. For example, a downward-sloping angle was seen as a sign of a bearish trend, while an upward-sloping angle was seen as a sign of a bullish trend.

Gann's use of angles in his trading approach is considered to be one of his most innovative and unique contributions to the field of market analysis. However, his methods are not universally accepted and remain controversial to this day. Some view his use of angles as a highly effective tool for market analysis, while others see it as unscientific and based on subjective interpretation. Regardless, Gann's use of angles remains an important part of his legacy and continues to be studied by traders and investors.

William Delbert Gann used a variety of angles in his market analysis, including 1 x 1, 1 x 2, 1 x 3, and 2 x 1 angles. He believed that each angle had its own unique properties and could provide insight into different aspects of market behavior. For example, the 1 x 1 angle was considered to be the most important angle, as it represented a 45-degree slope and was seen as a key level of support or resistance. The 1 x 2 angle was believed to represent a trend that was twice as strong as the 1 x 1 angle, while the 1 x 3 angle was seen as representing an even stronger trend. The 2 x 1 angle was used to represent a trend that was half as strong as the 1 x 1 angle.

Quarter of 9:

The "Quarter of 9" is a concept in William Delbert Gann's trading method that refers to a specific angle on a price chart. According to Gann, the Quarter of 9 angle represented a price trend that was one-quarter of the slope of a 1 x 1 angle. He believed that this angle could be used to identify important levels of support and resistance and to make predictions about future price movements.

Gann considered the Quarter of 9 angles to be a key component of his market analysis and used it in combination with other angles and technical indicators to make trading decisions. However, the specific properties and interpretations of the Quarter of 9 angles, as well as Gann's methods more broadly, remain a matter of debate and interpretation among traders and analysts. Some view his use of angles as a highly effective tool for market analysis, while others see it as unscientific and based on subjective interpretation. Regardless, the Quarter of 9 angle remains an important part of Gann's legacy and continues to be studied by traders and investors.

Finally, I know is too boring to read the history of something, but it is just the starting of price agile analysis and afterward, it will be more interesting


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