krutohopper.blogg.se - Gann square of 9 excel

If the market is in a strong downtrend (if the main trend is down), the weekly highs are generally achieved on Wednesday.

In a highly uptrending market weekly low is achieved on Tuesday.

If the low price of the entire week is achieved on Friday, expect much lower price next week.

If the high price of the entire week is achieved on Friday, expect higher prices next week.

Among the many indicators and technical tools, WD Gann laid down some basic rules to be followed for trading: –