What Is The Gann Fan Indicator & How To Trade With It

Gann Fan Explained

Gann Fans, created by W. D. Gann, are based on the premise that prices move in predictable patterns. Gann Fans are mainly used to identify support and resistance levels and predict future price movements.  Gann’s theory shifted focus away from focusing solely on the price, which is usually the crucial aspect of any forecast and put greater emphasis on the time factor. He wanted to find an answer to this question: “How long should an asset tend to reach a certain price, and what if it diverges from this trend?”. Ganns Fan is therefore a unique and original methodology, since …READ MORE