Another cool instrument for predicting market behaviour — Moving Averages. For long term we can use MA15 on weekly timeframe for figuring out trend continuation or reversal based on price action near MA15. Definitely this is not tool for execution of the trade but it is a tool for understanding what is the dominant trend.
Several examples I marked on the chart with red and blue arrows.
Several examples I marked on the chart with red and blue arrows.
🔵 🟡 𝗙𝗥𝗘𝗘 & 𝗣𝗥𝗘𝗠𝗜𝗨𝗠 𝗜𝗻𝘀𝗶𝗴𝗵𝘁𝘀: t.me/+5hlxWmhHaKplN2Rk
Enjoying the content? Here's a free way to show your support!
Sign Up and get Special Bonuses:
🔵 toobit.com/t/ArShevelev 🔵
🟡 bybit.com/b/ArShevelev 🟡
Enjoying the content? Here's a free way to show your support!
Sign Up and get Special Bonuses:
🔵 toobit.com/t/ArShevelev 🔵
🟡 bybit.com/b/ArShevelev 🟡
