I'm going long because my Daily ADR 49 went higher than the base pyramid (indicated with green arrow). Sounds crazy but you got to start somewhere.
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New level $7,889.2 for strategy review. Will scrap ADR and revert to MACD studies. Will appear in my next posting.
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Level interest at $7,889.2 still waiting to be confirmed as the day bar has not closed yet.
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So basically new idea if the opening price of $7,889.2 holds till end of the day that will become a stop. The stop would then be confirmed if a subsequent day closes below $7,889.2.
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The differently coloured horizontal lines refer to retracement levels within the Williams Fractal boxes that I like to create and follow.