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Gann Snippet 6: Fan Breaks. What it means when price breaks through a Gann fan line. Educational only, not financial advice. Learn more at https://samxon.ca #gann #wdgann #technicalanalysis #trading

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00:00The GAN fan is easy to read once you know what to look for.
00:03When a trend is strong, price rides the steeper angles.
00:07It runs along the 4x1 or the 2x1, pulling back to them and bouncing.
00:11When one of those angles breaks, GAN expected price to fall to the next angle down,
00:164x1 to 3x1, 3x1 to 2x1, and finally to the 1x1.
00:22The 1x1 is the big one.
00:24Hold it, and the trend is intact.
00:27Lose it, and attention shifts to the flatter angles below, with the 1x2 next.
00:32And when a support angle breaks, it often turns into resistance on the way back up.
00:37The fan is not a prediction.
00:39It is a map of where price should react, and what it means if it does not.