Gann Fan Trading Strategy is a technical analysis tool that is used to identify potential support and resistance levels in the market. It is named after its creator, W.D. Gann, who was a famous trader and analyst in the early 20th century. The Gann Fan Trading Strategy is based on the idea that the market moves in predictable patterns and that these patterns can be used to predict future price movements. The Gann Fan Trading Strategy is based on the use of a series of lines that are drawn at different angles on a price chart. These lines are used to identify potential support and resistance levels in the market. The lines are drawn from a significant high or low point in the market and are then extended outwards at different angles. The angles used in the Gann Fan Trading Strategy are based on the principles of geometry and are designed to identify key levels of support and resistance. To use the Gann Fan Trading Strategy, traders must first identify a significant high or low point in the market. This could be a recent high or low, or it could be a historical high or low. Once this point has been identified, traders can then draw the Gann Fan lines on the price chart. The lines should be drawn at different angles, with each line representing a different level of support or resistance. Traders can then use the Gann Fan Trading Strategy to identify potential entry and exit points in the market. When the price of an asset approaches one of the Gann Fan lines, it is likely to encounter resistance or support. Traders can use this information to enter or exit trades at these key levels. The Gann Fan Trading Strategy is a powerful tool that can be used to identify potential support and resistance levels in the market. It is based on the principles of geometry and is designed to identify key levels of support and resistance. Traders can use this information to enter or exit trades at these key levels, which can help to increase their profits and reduce their losses. In conclusion, the Gann Fan Trading Strategy is a powerful tool that can be used to identify potential support and resistance levels in the market. It is based on the principles of geometry and is designed to identify key levels of support and resistance. Traders can use this information to enter or exit trades at these key levels, which can help to increase their profits and reduce their losses.