Why does the work? It exploits three behavioral biases:
While high-frequency trading bots arbitrage milliseconds, Gann traders are playing the long game of market structure. Whether it is geometry or self-fulfilling prophecy, the adherence to the number 6—specifically the hexagon structure—continues to produce uncanny predictions. gann trade 6
The market must rally (or fall) steeply enough to touch the 1x6 angle. This rarely happens. In fact, only about 15-20% of trends ever reach the 1x6 line. This scarcity is what makes the a high-probability setup. Why does the work
Place your stop below the recent swing low created by the pullback. The Sell Setup (Short) gann trade 6