Gann Trade 6 ⇒

Look for a minor decline lasting 2 to 3 bars.

Place a buy stop order one tick/pip above the high of the last "down" bar. gann trade 6

Use the 1x1 angle to ensure the price is staying above the "angle of 45 degrees," which Gann considered the hallmark of a healthy trend. Look for a minor decline lasting 2 to 3 bars

In "choppy" markets, the 3-bar rule generates false signals. Only use this when the distance between highs and lows is expanding. Integrating Modern Tools gann trade 6

Place a sell stop order one tick below the low of the last "up" bar.