A Gann Fan is a technical analysis tool developed by W.D. Gann in the early 20th century. It consists of a series of diagonal lines (called Gann angles) emanating from a significant high or low point on a price chart. These lines represent different ratios of price movement to time (e.g., 1x1 for a 45-degree angle, where price changes by 1 unit per 1 unit of time). The tool helps identify potential support and resistance levels, trend strength, and reversal points by assuming markets move in geometric and cyclical patterns.
Common angles include:
1x8 (shallow, ~82.5°)
1x4 (~75°)
1x3 (~71.25°)
1x2 (~63.75°)
1x1 (45° – the key "trendline")
2x1 (~26.25°)
3x1 (~18.75°)
4x1 (~15°)
8x1 (steep, ~7.5°)
In an uptrend, prices above the 1x1 line are bullish; below it, bearish. The fan is most effective on linear-scaled charts where time and price units are equidistant.
Common angles include:
1x8 (shallow, ~82.5°)
1x4 (~75°)
1x3 (~71.25°)
1x2 (~63.75°)
1x1 (45° – the key "trendline")
2x1 (~26.25°)
3x1 (~18.75°)
4x1 (~15°)
8x1 (steep, ~7.5°)
In an uptrend, prices above the 1x1 line are bullish; below it, bearish. The fan is most effective on linear-scaled charts where time and price units are equidistant.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.