### What is Gann Square?
A Gann square is a technical analysis tool used to identify support and resistance levels and analyze trends in the market. It was developed by William D. Gann, who is famous for his ability to predict market movements using geometry and time.
### How to make a Jan square:
1. **Choose a reference point**: Identify an important starting point such as a major high or low in the price.
2. **Drawing the box**: The box is drawn so that it contains horizontal and vertical lines representing specific time and price levels.
3. **Angle Analysis**: Each corner in the box represents an important level of price or time. Common angles include 45 degrees, 90 degrees, and 180 degrees.
### Components of the Jan square:
- **Angles**: The Gann square uses angles to determine time and price relationships. The 45 degree angle is the most commonly used because it represents a balance between price and time.
- **Lines**: The horizontal and vertical lines in the box help identify support and resistance levels.
### How to apply the Gann square:
1. **Set a starting point**: Choose a reference point such as a major top or bottom.
2. **Draw the box**: Draw the box using the tools available in your trading platform.
3. **Angle Analysis**: Use angles to identify important price and time levels.
### Practical example:
- If there is an uptrend, you can use the Gann square to identify points where the price might reverse based on different angles.
- If the price is approaching a 45 degree angle and there is a pullback, this may be an indication of strong support.
The Gann Square can be a powerful tool when used correctly, but it is important to combine it with other analysis tools to get the best results. $$$$$$