EURUSD - GANN FAN from 08/OCT/2007 x 1 usd
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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?
Note
Ok, as the chart is weekly the event is not a exact day date.The question can be ...
What does happened during the first half of October-2007 ?
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