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  • Gann 50 Percent Rule

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    Ratnesh Kumar
    87 views2 pages
    The document outlines Gann's 50% retracement rule for technical analysis, which states that after a high and low, the price will retrace 50% of the distance between the high and low. It provides an example calculation and identifies the 50% retracement level as well as support and resistance levels at the 25%, 50%, and 75% distances between the high and low.

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    FIBONNACI TOOL

    Original Title

    GANN 50 PERCENT RULE

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    The document outlines Gann's 50% retracement rule for technical analysis, which states that after a high and low, the price will retrace 50% of the distance between the high and low. It provides an example calculation and identifies the 50% retracement level as well as support and resistance levels at the 25%, 50%, and 75% distances between the high and low.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    87 views2 pages

    Gann 50 Percent Rule

    Uploaded by

    Ratnesh Kumar
    The document outlines Gann's 50% retracement rule for technical analysis, which states that after a high and low, the price will retrace 50% of the distance between the high and low. It provides an example calculation and identifies the 50% retracement level as well as support and resistance levels at the 25%, 50%, and 75% distances between the high and low.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
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    of 2

    FORMULA OF GANN 50% RETRACEMENT RULE

    HIGH 449.2
    LOW 411.75
    DIFFERENCE 37.45
    HALF OF DIFFERENCE 18.725
    50% RETRACEMENTS 430.475
    HALF FOR TGT 9.3625
    RESISTANCE 439.8375
    SUPPORT 421.1125
    75% RETRACEMENT 439.8375
    25% RETRACEMENT 421.1125
    75% RETRACEMENT 439.8375
    50 % RETRACEMENT 430.475
    25%RETRACEMENT 421.1125

    VERY STRONG BETWEEN 449.2 AND 439.8375


    STRONG BETWEEN 439.8375 AND 430.475
    WEAK BETWEEN 430.475 AND 421.1125
    VERYWEAK BETWEEN 421.1125 AND 411.75

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