Gann Fan

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Gann Square of 9

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Gann Fan

Gann Angles are drawn from a bottom or top at various different angles. There are nine significant angles, the 1 x 1 is the most important:
1x8 1x4 82.5 degrees 75 degrees

1 x 3 - 71.25 degrees 1 x 2 - 63.75 degrees 1x1 45 degrees

2 x 1 - 26.25 degrees 3 x 1 - 18.75 degrees 4x1 8x1 15 degrees 7.5 degrees

Note that each of the angles can provide support and resistance depending on the trend. During an up trend the 1 x 1 angle tends to provide major support. A major reversal is signaled when prices fall below the 1 x 1 trendline. As one angle is penetrated it is expected that prices will move to the next angle. In the GannFan Parameters window you can change the color and thickness of the lines.

Trading any market carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading, and seek advice from an independent financial advisor if you have any doubts.

http://www.fibonaccitrader.com/help40/DRAWINGTOOLS/gann_fan.htm

10/9/2011

Gann Square of 9

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http://www.fibonaccitrader.com/help40/DRAWINGTOOLS/gann_fan.htm

10/9/2011

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