Moving Averages Cheat Sheet
From newtraderu.com
Moving averages are technical trading tools for capturing trends in the stock market. Moving averages are price action filters that can identify a trend by which side of a moving average price is trading on. A vertical moving average can show that a chart is in a trend while a horizontal moving average can show that price action is going sideways in a trading range. The slope of a moving average can visually show the magnitude of a trend direction. Moving averages can act as key support or resistance levels in both trading ranges and trends. {image}
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