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General TradingG
Gann Fan
A Gann Fan is a technical analysis tool created by W.D. Gann consisting of a series of diagonal lines drawn at specific angles from a price high or low. The most important is the 1x1 (45-degree) line, with other angles indicating weaker or stronger trends.
Example
“A technical analyst applied a Gann Fan from the market's major low and used the 1x2 and 2x1 lines to identify potential support and resistance levels for upcoming price action.”