Gann fans are great. So great in fact that I despise indicators (mostly because of all the "mula" that they've lost me). Placing these fans and angles take about 5 minutes to set up and really aren't as complicated to set up as they might look. At the core of this analysis is the use of a geometric practice called squaring. The way you do this is by finding your lowest low in the view of your chart. Once you got your low, slap a 45-degree angle on it (ex. $1996.80 ETH/USD). Then match that angle with a gan fan. If you want you can even overlay a fib resistance speed fan over the initial fan. You can also invert this whole setup to see bearish setups evolve (ex. $4385.53 ETH/USD).
But really, if anyone else has a more precise strategy than this please comment or message me.
@Magic_xD, that's a very good question! I used a fixed Gann square as the core tool in my measurement process. This guy explains how to properly square the chart and place the Gann box properly. youtube.com/watch?v=vWv9PIR_Ymk
Magic_xD
⋅
@prestonbuher, Thanks i will check it !!
Respect
TraderBenjamin
⋅
Congratulations: you are the master of the Gann Fan. Strategy is the intelligent allocation of resources through a unique system of activities to achieve a goal. So what is your strategy?
Now question..the geometric practice square..how did u define it's levels?