![]() A change in the direction of price is expected when the market reaches an equal unit of time and price, up or down. The most noteworthy angle is the 1x1 or the 45° angle, which represents one unit of price for one unit of time. The angles are drawn from the main tops and bottoms while the chart is scaled appropriately to ensure the market has a square relationship. Several angles together make up a Gann Fan. The method is based on the notion that markets rotate from angle to angle and when an angle is broken, price moves towards the next one. ![]() ![]() Gann angles divide time and price into proportionate parts and are often used to predict areas of support and resistance, key tops and bottoms and future price moves. He used angles and various geometric constructions. The trading techniques by WD Gann are widely seen as innovative and are still studied and used by traders today.
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