Gann trading made easy.

look at the 4hrs chart below this is USDCHF pair.


look carefully here trend is down.
Resistance is formed by double tops, look 2nd top right , it is also forms head and shoulder. So it is reversal pattern, the trend will reverse from here and will form down trend.
its price is .910 to .916, Here highest peak is .916 its acts as resistance, .910 is the peak of double tops.
we can multiply it with 1000, the result will 910-916, It is strong resistance.


Points in favour of resistacne:
double tops.
Head and shoulder
the price is located in cardinal  cross line.
also see highest price and lowest price make angle of 90 degree.it is strong s/r

so conclusion , trend is down, price is on retracement.


also look at the chart below , the retracement price is .886, that is .886*1000= 886.

look 886 also make an angle of 45 degree with both 871 and 910, it is located  in between two.

So the price will go down .

We can also look highest price also make and right angle with highest and lowest price.
Right angle indicates strogn support and resistance and end of trend at that moment, and 45 degree angle indicates retracement.