![]() ![]() In analyzing the history of a particular market, a trader tries to understand where the market has been, where it is relative to a previous top or bottom of Gann chart, and where it could go in the future. One of the Gann theory’s controversies is that the past, present, and future all coexist in a Gann angle. Gann chart and Gann angles measure pattern, price, and time frame. Gann analysis can get complicated if the basic concepts of Gann angles are not clear. ![]() Simultaneously, some changes have been required to adjust some critical components related to price levels and volatility. The basic construction of the Gann angles remains unchanged. It was invented by William Delbert Gann in 1908 and has been used by traders ever since. Gann chart analysis for gann angles is a very popular and advantageous method of analyzing a commodity or stock direction.
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