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Glossary > G > "Gann analysis" Definition

Gann analysis

Analysis of market movements by drawing trendlines from prominent market price tops or bottoms at certain specific angles. The most important line is the 45 degree line based on a one to one relationship between units of time and price which means prices rise or fall at the rate of one price unit per time unit. Channel lines may also be drawn. In an uptrend Gann lines offer support and, in a downtrend, resistance is noted.

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Gann analysis - Analysis of market movements by drawing trendlines from prominent market price tops or bottoms at certain specific angles. The most important line is the 45 degree line based on a one to one relationship between units of time and price which means prices rise or fall at the rate of one price unit per time unit. Channel lines may also be drawn. In an uptrend Gann lines offer support and, in a downtrend, resistance is noted.

Gann analysis : analysis of market movements by drawing trendlines from prominent market price tops or bottoms at certain specific angles. the most important line is the 45 degree line based on a one to one relationship between units of time and price which means prices rise or fall at the rate of one price unit per time unit. channel lines may also be drawn. in an uptrend gann lines offer support and, in a downtrend, resistance is noted.