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murrey math lines. Brent SP 500 ANALYSIS 252021 81324 AM GMT. MM 38 is a Murrey Math interval.
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Murreys geometry facilitate the use of Ganns theories in a somewhat easier application. As a rule a strategy that involves Murrey math lines includes other types of technical analysis. MM 38 is a Murrey Math interval.
According to Ganns theory price tends to trend and retrace in 18th intervals.
Essentially what the Murrey math trading lines strategy does is to divide the price into 8 important levels with the 88 48 and the 08 levels being the most significant pivots. The Neck of the candlestick is ALWAYS the CLOSE and is not related to the previous days trading action in any way. Murreys geometry facilitate the use of Ganns theories in a somewhat easier application. According to Ganns theory price tends to trend and retrace in 18th intervals.
