Support and resistance based on the Moving Average
Diupdate
Just a thought:
Support and resistance based on the Moving Average
MA1: Period 8 Shift -14 Color Magenta
MA2: Period 22 Shift -8 Color Dark Orange
MA3: Period 9 Shift 0 Color Blue
MA4: Period 14 Shift 0 Color Red
Support and resistance based on the Moving Average
MA1: Period 8 Shift -14 Color Magenta
MA2: Period 22 Shift -8 Color Dark Orange
MA3: Period 9 Shift 0 Color Blue
MA4: Period 14 Shift 0 Color Red
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This is not a buy or sell recommendation, I just wanted to show the relation between support resistance line and moving average,
According to what I see
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When a long or short wave occurs.the question:
When does the long or short strength end?
or What is the time to take profit?
I think the answer will be through moving average
As shown in the example
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