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
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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