Fibonacci lines are levels throughout both Gann Fans.
Gann lines are support and resistance throughout the Fibonacci lines
Above the light blue Gann line is a bullish sentiment.
Below the light blue Gann line is a bearish sentiment.
The first Gann Fan line is plotted from the opening price of the day of the beginning of the double bottom.
The second Gann Fan...
(I noticed an error in the previously published fans.)
The theory is that the intersecting lines are sequential, meaning they intersect in order.
Gann Fan lines begin from the all time high and more recent low.
The fan lines that are from the high are drawn as resistance.
The fan lines that are from the low are drawn as support.
The dates/price below correspond...
The theory is that the intersecting lines are sequential, meaning they intersect in order.
Gann Fan lines begin from the all time high and more recent low.
The fan lines that are from the high are drawn as resistance.
The fan lines that are from the low are drawn as support.
The dates/price below correspond with intersecting fan lines.
March 25th - $430
March...
