William Delbert Gann is known for his accuracy at predicting the market movement with known as "WD Gann Angles."
A work born out of several keys of rules and secret, WD Gann used the angles for mainly two purposes, First for finding the top and bottom of the market and second for following the market trend.
Gann angles represent the Geometric relation between Price and time. The angles representing lines that run into space describe the interrelationship between Price and time.
45° or angle of Gann is the most critical angle, representing the unity unison in Price and time. Prices as per the angle of Gann is said to increase by one unit per day.
There is a corresponding increase when there is an upward shift in value such as 2×1, 3x1, 4x1, 8x1, and 16x1 as well as a downward movement corresponding to a decrease in value.
Gann angles play a vital role in forecasting the fall and rise of prices in the markets. WD Gann angles used for evaluating the markets movements.
The application of Gann's angle is made simple by knowing the know-how of the interpretations of the mystery crafted by William Delbert Gann in his angles.
The application of Gann Angle's requires a sound knowledge of Time concept needed to decipher waiting time, the need to understand the secret behind the market top and bottom about the stock market trend.
The relative strength or weakness of the market is a subject to its upward or downward projection along Gann's angle.
The Price trading above significant angles is considered to be strong. While a weak demand is represented when Price is trading below the significant angles.
With a lot said about the study of Gann's angle. So many experts have tried giving different answers on what the secret word, which seems like a mystery could mean.
The knowledge of the interpretation of Gann's angle seems to genuinely hide with many having a shallow understanding of the work or trying to look at it from the outside perspective without digging deep.
The secret to the understanding of Gann's angle lies deep. A wrong knowledge of the basics of Gann's angle cannot produce the expected result.