Look for a high or low point in the security's price action — this point will be the starting point for drawing the Gann fan. Draw a line from the starting point to the current price action — this first line is called the “1×1 line” and is drawn at an angle 45 degree.
The most important angle is 45 degree or 1/1 line.
45 degree angle and 4 other angles below:-
1X8 82.5°
1X4 75°
1X3 71.25°
1X2 63.75°
1X1 45°
2X1 26.25°
3X1 18.75°
4X1 15°
8X1 7.5°
The most important angle is 45 degree or 1/1 line.
45 degree angle and 4 other angles below:-
1X8 82.5°
1X4 75°
1X3 71.25°
1X2 63.75°
1X1 45°
2X1 26.25°
3X1 18.75°
4X1 15°
8X1 7.5°
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.