Gann Grid
A grid of intersecting 45-degree lines drawn on a chart, based on W.D.
In plain English
A grid of intersecting 45-degree lines drawn on a chart, based on W.D. Gann's ideas, used to find support, resistance and trend.
The Gann grid overlays crossing diagonal lines across a chart, anchored at key highs or lows. Price staying above a rising line is seen as an uptrend; breaking it, a possible change.
Like other Gann tools, it has a devoted following and plenty of sceptics.
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