And of course there is 100%, although focus is on the divisions of the complete 100% range.įirst level of importance is generally considered the 50% level. He then pointed out that these divisional price points had different levels of importance.įor example, dividing a range by 8 you would end up with percentage levels of 12.5, 25, 37.5, 50, 62.5, 75 and 87.5. ![]() Gann believed (and has demonstrated) that important price levels could be determined by dividing ranges by 8 as well as 3. One of the most powerful technical analysis methods he shared in the works he left behind was the application of 'percentage movements'. ![]() ![]() Gann was an incredible chartist and trader back in the early part of the 20th Century.
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