Gann Grid

A technical analysis tool developed by W. D. Gann based on his belief that the 45-degree line represents a sustainable trend. The Grid consists of multiple lines drawn at 45 degrees. Prices above a rising 45-degree line signify an upward direction in the market. Possible acceleration may find resistance at a higher 45-degree line. Similarly, prices trading below the rising line warn for a potential reversal to the downside with potential support at the lower 45-degree line. The same holds for the descending lines. When prices are below the 45-degree line, it signifies a downward direction. Declining prices may find support at a lower 45-degree line. Also, prices trading above the descending line signal possible reversal to the upside with a potential resistance at a higher 45-degree line.

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RISK WARNING: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. This is not investment advice. Trading with NAGA Trader by following and/or copying or replicating the trades of other traders involves high levels of risks, even when following and/or copying or replicating the Lead Traders. Such risks include the risk that you may be following/copying the trading decisions of possibly inexperienced/unprofessional traders, or traders whose ultimate purpose or intention, or financial status may differ from yours. Before making an investment decision, you should rely on your own assessment of the person making the trading decisions and the terms of all the legal documentation.

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