DislikedThere's no need for me to post any charts. All I'm saying is that MA's, especially the ones you mention will be on the radar of most traders. Their only purpose is to give you a point of reference, or better stated, a price referance. The same is true for any price derived study. If price is moving up and approaching the 100 ema for example, the possibility exists that traders will take interest in that price level for selling purposes. Of course it's not cut and dried, you have to know whats going on in the market at present. If the market is overbought...Ignored
Thanks for taking time to explain again. I appreciated.
This time I got your meaning. You are very good!