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Gann Snippet 2: The 1x1. The 1x1 is Gann's key angle: one unit of price for each unit of time. Educational only, not financial advice. Learn more at https://samxon.ca #gann #wdgann #technicalanalysis #trading

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00:00Start with the most important line, the 1x1. Pick a pivot, a major low or a major high.
00:07Draw a line that moves one unit of price for every one unit of time. On a square grid,
00:13that is a perfect 45-degree line. Gann treated this as the balance line between buyers and
00:19sellers. In an uptrend, price above the 1x1 means the trend is healthy, and the line acts as support.
00:26When price closes below it, Gann read that as the first real sign that the trend was weakening.
00:33One line, one question. Is price keeping pace with time, or falling behind?