Gann stipulated that in financial market tops and bottoms are related by numbers and angles. Gann stipulated that in financial market market tops and bottoms are related by numbers and angles. Gann sometimes called it the Wheel within Wheel. Bottoms up fundamental analysis in forex Gann wheel is an market analysis technique.
The Wheel is a circular numerical chart, which starts with 1 from the centre and completes one cycle by filling up 24 divisions of the circle with 24 incremental numbers in an anticlockwise fashion. With expanding the process up to 15 circles, the number goes up to 360. This chart is used to predict market support and resistance levels as well as market reversal days. Within the circle forms the square, there is an inner circle and an inner square, as well as an outer square and an outer circle which prove the Fourth Dimension in working out price movements. The outer circle includes all of the planets and is the Zodiac starting at the left side of the square also on March 21st.
Moving from this point clockwise in 30 degree sections of the circle will place all 12 zodiac symbols around the wheel. This completes the outer circle and allows the Gann student to examine planetary longitude relationships to price coordinates on the Square of 9, which is now an outer square. We can also examine hard aspects to both zodiac longitude and Square of 9 coordinates. As to intensity, volume and direction. All the essential qualities of its evolution are characterized in its own rate of vibration. Stocks and commodities, like atoms, are really centers of energies, therefore they are controlled mathematically. Volume confirms the strength of a trend or suggests about its weakness.