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Understanding Murrey Math Lines by Kağan Hakan is a document available to read on EtoBox.
What is Understanding Murrey Math Lines about?
The document describes the properties of Murrey Math Lines (MMLs) in an octave. It states that prices tend to find support and resistance at certain 1/8 price levels. The 4/8th line provides the greatest support and resistance, making it the best level to buy or sell against. The 5/8th and 3/8th lines also act as important price pivots, with prices typically trading 40% of the time within this range.
- Author
- Kağan Hakan
- Language
- EN