Is your strategy this precise?Gann fans are great. So great in fact that I despise indicators (mostly because of all the "mula" that they've lost me). Placing these fans and angles take about 5 minutes to set up and really aren't as complicated to set up as they might look. At the core of this analysis is the use of a geometric practice called squaring. The way you do this is by finding your lowest low in the view of your chart. Once you got your low, slap a 45-degree angle on it (ex. $1996.80 ETH/USD). Then match that angle with a gan fan. If you want you can even overlay a fib resistance speed fan over the initial fan. You can also invert this whole setup to see bearish setups evolve (ex. $4385.53 ETH/USD).
But really, if anyone else has a more precise strategy than this please comment or message me.
Mula
BCH READY TO TAKE FLIGHT!Hello Community!
Before we begin please support my idea with a thumbs up and a comment. It'll be greatly appreciated and will motivate me to post a little more!
BCH/USDT has successfully broken major resistance shown by the trendline in the chart. MACD attempting a bullish cross. RSI made a higher low. We can expect steady grown from here.
This is not Financial advice.
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