Happy New Year mate.PhoenixBlueFeather wrote: Tue Dec 31, 2024 9:20 am Hi Cagliostro,
When you have some little spare time, can you give just a couple of words about this dream team ADR+Murrey.... How do you see their work together ?
All the best,
Happy New Year!
It's a very easy concept.
When you have both overextended ADR and Murrey levels, it's very likely that price action will retrace downwards. And the opposite when you have both of them contracted. Take a look at the picture.
