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'When price meets time, a change is imminent.
Gann's geometric angles are trend lines drawn from prominent tops or bottoms at certain angles. The most important angle is 45 degrees, which means the line's slope is one unit of price per unit of . (Note: Depending of the chart scale used, the line may or may not appear to be plotted at a 45 degree angle.)
For years, I thought this is what Gann analysts meant by the phrase 'squaring and price.' However, Don's Pyrapoint method gave me a new insight, which is:
Price = Time squared or P = t ^ 2 |
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