Chapter 6 Conclusion
Gann theory is an important technical analysis tool that traders use. These nine special numbers are used to set stop loss and targets for trades based on the LTP (last traded price).
These targets can be calculated on a variety of websites, as well as your stop loss. These targets can be bullish or bearish. A trader must decide which targets to pursue.
If used correctly, Gann trading strategies using Gann indicators can lead to many successful trades. Gann theory is only successful when applied correctly. This requires time and experience.
This theory will help you to analyze the market and predict future stock price movements. It is crucial to always backtest your strategy and put a stop loss in every trade.
