What are the similarities between W.D. Gann Arcs and Circles and Elliott Wave Theory?

What are the similarities between W.D. Gann Arcs and Circles and Elliott Wave Theory? Here I present the similarities between the W.D. Gann system and Elliott Wave theory. W.D. Gann developed the Elliot Wave theory, or “Gann waves,” as a set of forecasting tools. The “Arcs” are the fundamental concepts that make up the strategy. The “Circles” are the wave tops and bottoms that are used to calculate wave counts, wave directions, and wave timings. I will try to separate the similarities mostly from differences. I am not an expert in either methodology, so I might say things that are less than true or accurate. A few Gann experts can comment.

Circle of 360 Degrees

W.D. Gann Arcs and Circles Are Similar to Triangles As Elliott Wave theory has been around longer than Gann’s work, there are likely to be more references to wave theories than to the Gann Arc. The triangle form of a P-O-P pattern may be the most familiar concept to us. A “triangle” in Elliott Wave theory refers to a pattern that ends in a high point – a peak. Elliot Wave Theory is that the triangle pattern is followed by the “slow and steady upturn” called the wave 5, which is often flat or even declining. This is a powerful principle revealed by Wave Theory. However, first of all, Elliott Wave Theory and Wave Theory in general have a different structure from Gann Wave Theory. Elliott Wave Theory is 1 to 3 major waves per trade, sometimes with a flat “wave 5” at the end. Wave Theory has 5 waves per trade, which may or may not have an impulse wave, or a wave 2, which is considered corrective in time and is the equivalent of “wave 5” in Elliot Wave Theory. A major wave in Gann Wave Theory is called an “arc” and may have more than one arc. Besides the shape, Gann Waves (or Gann Arcs) have a set of characteristics defined by unique wave arc labels. Below you see the figure I just pulled for this article.


What you are seeing is a new wave that I just created called “Gann Wave 2.” I have given it an arbitrary name, in the hopes of organizing names better. Gann Arcs are more than triangles. Wave Theory uses “Waves” as the building block. But, as stated earlier, the arcs in Gann Arcs are the building blocks. Gann Wave 1s have three characteristic characteristics; An impulse body. An upturn in the price beginning with a sell signal. The bottom of the body of the first wave is a bearish important site low. A long, flat, down trend that begins with a sell signal after the end of the initial body of the first wave. The bottom of this waveWhat are the similarities between W.D. Gann Arcs and Circles and Elliott Wave Theory? One could easily argue that W.D.

Cardinal Harmonics

Gann and Elliott Wave Theory have strong similarities. Considering Elliott Wave Theory is based on a time frame much shorter than W.D. Gann’s system his system is much shorter. That has to be 1 main similarity therefore, a short system to a long system. The next similarity is that the market can move in cycles to all of the waves. We could easily use the Elliott Wave market as an example. First thing we noticed is that the 5 waves are in both. That could be a similarity also. So are the 4 waves, 3 waves and 2 waves or the 7 waves. During a cycle waves change and some waves change and some stay the same. So it seems Elliott Wave Theory is relevant in a shorter time frame than W.D.

Fixed Stars

Gann’s. Stages The stages they use look very similar with a few differences. Maybe the smallest difference is that Elliott Wave Theory uses fixed retracement levels whereas W.D. Gann used some sort fixed target distance. Also, the use of Fibonacci levels is common for both. However, W.D. Gann is not limited to just 3 to 6 Fibonacci levels whereas he uses 6. Long wave min One major similarity is the way they identify the long wave min. We will now provide a short explanation for this, then a complete explanation for which you can read all about in his book. (That will be the first diagram for which we are basing our comparison) So the aim for the short wave’s is the level which marks the height of the crash and levels the short swing down until the min occurs for the next full wave. This level should occur at the trend line and that makes it very simple.

Time Factor

Consequently, we look for the level that is the tendency for the next declineWhat are the similarities between W.D. Gann Arcs and Circles and Elliott Wave Theory? We invite you to a side-by-side comparison. The discussion will cover the theory of Gann Arcs and Circles since 1959, by Elliot Wave Theory, 1955-1966. The latest Elliott Wave Theory market analysis updates cover since… December 14, 2017. The Basics of W.D. Gann’s and Elliott Wave Theory Overview from David Gonomouleas, The Wave Principle/ Wave Projections: The Wave Principle (Elliott Wave Theory) or Wave Projections (Gann Waves/Gann Circulartions) are a series of 5 oscillating waves, called phases (or waves), or sequences. They take place in 2 concurrent timeframes (usually in T1 and T2). 4 of the 5 phases are defined by where they start and the end, and have a directional value for these phase definitions (upward or downward). The 5th phase is usually horizontal and Discover More Here 2 downward and 2 upward Continued There are no fixed rules Your Domain Name the direction of waves, this is determined by the economic factors that cause the phase changes. So they move up and down (and sideways) in accordance with the market.

Circle of 360 Degrees

Wave 1, also defined as “The Wave The Bigger Picture” that captures the entire economy, has 3 upward and downward waves. Wave 2 represents the market as a whole and carries the most information that is known to the market participants. 4 downward and upward phases, capturing the overall market trend. The 5th phase has 2 waves that make it either favorable or unfavorble. This indicates the overall volatility and market confidence, so this wave will not drive the market or have much of a directional value for the market trend. Note the difference from Gann theory. There is no “The Wave The Bigger Picture” wave. But it is obvious there is the entire history plotted out. We also emphasize that both wave theory of Gann and