Gann Fan

Gann Fan
Gann Fan is the analytical tool used for indicating the cost and time movements from the significant lows and highs and in recognizing the cost breakouts. The lines made at different angle moves from a specific point. They show a costrelationship that can be fast or slow, based on the dimension of Gann angle. It is the analytical device depending on the use of Angles, a derivative technique made by the stockbroker named Gann. He thought that specific geometric angles and patterns held special characteristics that can be utilized to predict the actions correctly in both cost and time. The technique of Gann for specifying the similar cost and time intervals are utilized in charts as he thought that the perfect cost and time exists when those costs increase or decrease at an angle falling at forty five degrees in terms of time axis.