EsotericTrading

How To : Using Gann 90 Degree Angles For Future Trends

INDEX:BTCUSD   Bitcoin
Anyone can use Gann’s theory in any market. All you need to do is wait until the top and bottom values start to appear on the charts. As soon as these trends change, you will be able to draw an angle, which is the geometric or Gann’s angle. The market is assumed to be strong when the value of the currency pair is above the ascending angle and the trend in the market is up. Similarly, the market is weak when the currency pair price goes below the descending angle and the trend for the same is also down.
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