What does happened the last October, 8 - 2007 ?
Here you can see a weekly chart of Eur & Usd showing a Gann Fan tool in this date at the level of 1 usd.
The close price is expressed by a Weighted Moving average (48 bars/weeks and a offset of 12 bars/weeks)
As you can see, the division lines 1/8 and 1/2 of Gann Fan Tool perfectly match that the trends marked as that average.
surprising coincidence or something else?
Here you can see a weekly chart of Eur & Usd showing a Gann Fan tool in this date at the level of 1 usd.
The close price is expressed by a Weighted Moving average (48 bars/weeks and a offset of 12 bars/weeks)
As you can see, the division lines 1/8 and 1/2 of Gann Fan Tool perfectly match that the trends marked as that average.
surprising coincidence or something else?
The question can be ...
What does happened during the first half of October-2007 ?