Here is a compilation of Gann angles dating back to the creation of Bitcoin.
I highlighted the points of intersecting angles and drew the corresponding geometrical shapes.
The support lines (green/orange) are likely pivot points, whether they are strong pivot points or weak ones depends on the cause of the dip, and the time in which it occurs.
It also depends on whether or not we are approaching a Gann resistance point, highlighted in red.
Keep in mind, these are not price points, because the price point on an angle is forever changing as the trend evolves.
This means that while this chart is a great tool, I would recommend having it available for reference rather than placing orders and walking away.
Everything you see here is subjective, and based on strong geometry and mathematics studied by W.D Gann.
W.D Gann is a well-known stock broker known to have a success rate of over 80-90%.
I highlighted the points of intersecting angles and drew the corresponding geometrical shapes.
The support lines (green/orange) are likely pivot points, whether they are strong pivot points or weak ones depends on the cause of the dip, and the time in which it occurs.
It also depends on whether or not we are approaching a Gann resistance point, highlighted in red.
Keep in mind, these are not price points, because the price point on an angle is forever changing as the trend evolves.
This means that while this chart is a great tool, I would recommend having it available for reference rather than placing orders and walking away.
Everything you see here is subjective, and based on strong geometry and mathematics studied by W.D Gann.
W.D Gann is a well-known stock broker known to have a success rate of over 80-90%.