![]() Determine the high or low from which to draw the Gann lines: This is the second empirical process, and the most common way to accomplish it is to use other forms of technical analysis-such as Fibonacci levels or pivot points.This is because, in most cases, the intermediate-term charts produce the optimal amount of patterns. Most people use intermediate-term (such as one- to three-month) charts for this as opposed to long-term (multi-year) or short-term (one- to seven-day) charts. Then, simply put the angles to the test and determine their accuracy. One common way to determine a time unit is to study the stock's chart and take note of distances in which price movements occur. ![]()
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