If the recently quite popular Murray Math Lines have any meaning, we are retesting the bottom of the trading range (+slippage) on a weekly chart, which is the 8/8-Level on all lower timeframes.
There is a chart available depicting the probability that price reverses after moving M/8ths in levels in N/8ths in time, but it actually doesn't cover the interval of 64.
I have used the commonly used indicator MML_MultiOptionv1.24 and adjusted the time variable accordingly to achieve these results.
There is a chart available depicting the probability that price reverses after moving M/8ths in levels in N/8ths in time, but it actually doesn't cover the interval of 64.
I have used the commonly used indicator MML_MultiOptionv1.24 and adjusted the time variable accordingly to achieve these results.
Attached Image