Moving Support and Resistance
Traditional technical analysis treats support and resistance as horizontal price levels. Gann recognised that price levels are not static — they move through time at a rate determined by the market’s underlying geometry. His solution was to define support and resistance as angles drawn from significant highs and lows.
The Nine Primary Gann Angles
Gann identified nine primary angles. The most important is the 1×1 (45° on a properly scaled chart). Above are the 2×1, 3×1, 4×1, and 8×1 representing faster price movement; below are the 1×2, 1×3, 1×4, and 1×8 representing slower movement.
The 1×1 Angle: The Equilibrium Line
The 1×1 holds special significance — it represents the equilibrium between buyers and sellers, where time and price are in perfect balance. When price is above this angle, bulls are dominant. When below, bears hold control.
Applying Gann Angles in Practice
The practical application requires three steps: identify the key reference pivot; correctly scale your chart; draw the angles and observe price reaction. The most powerful signals occur when multiple angles from different reference points converge on the same price-time coordinate.
Gann angles do not merely show where a market might go — they show where a market must eventually go, given enough time. Angles that have not been touched become magnetic, drawing price toward them across months and years.