Garv Jain 🇮🇳 Profile picture
Jun 10 11 tweets 5 min read Twitter logo Read on Twitter
17 Trading Principle Of WD Gann That Would Change Your Trading Style.

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#Stockmarket #Investing
@nakulvibhor @kuttrapali26 @PAlearner @Stocktwit_IN @caniravkaria @rachitpjain @VijayThk @Rishikesh_ADX @chartmojo @Breakoutrade94 Image
1). If the high price for the entire week is achieved on Friday, expect higher prices next week.
2)If the low price for the entire week is achieved on Friday, expect a much lower price next week.
3). In a highly uptrending market weekly low is achieved on Tuesday.
4) When the price crosses the high of the last four weeks, it’s an advance indication of more higher prices.
5). When the price breached the low of the last four weeks, it’s an advance indication of more lower prices.
6) When the price breached the low of the last four weeks, it’s an advance indication of more lower prices.
7)In an up trending market, if the prices break the 30 DMA & remain below it at least for 2 consecutive days, it tells us of a much greater correction (vice-versa).
8)If the market rises for 5 consecutive days, there is a high probability that correction will be lasting for 3 days. (Ratio is 5:3).
9)When the price starts rising from a particular level, Rs.100 or 100% rise whichever is earlier becomes a strong resistance.
10)When price crosses the high of the last 3 days it tells us about much higher prices on the 4th day.  (Traders can buy it on the 4th day and place an SL order Rs. 3 below the last 3 days high) (vice-versa).
11) If subsequent correction is greater than the previous correction both in terms of price & time magnitude, this is an advance indication that trend is changing.
12) 50% of the last highest selling Price is the strong support area. Any stock which is trading below this 50% level is not that useful for investment.
13)If a price is rising for 9 consecutive day’s at a stretch, then there is a high probability of a correction for 5 consecut
14)Don’t ignore a Double Bottom & Triple Bottom signal on a monthly chart, after a minimum gap of 6 months. ( advance indication for mid-term investment)
15) Don’t ignore a Double Top & Triple Top signal on a monthly chart, after a minimum gap of 6 months.
16)When the price is in a choppy phase, or in a consolidation phase, if a sudden volume spike is found there, it’s an advance indication that trend is likely to change.
17) In a quarterly time frame, when a particular stock crosses the high or low of the last quarter (in the quarterly chart) it’s should be considered as an early indication that the underlying trend is trying to reverse

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