support resistance using MA 9, waiting 1956 retest
I find this easy technique to determine support resistance using MA 9 and MA 55
just mark all the curve from the MA (the blue MA, on this chart MA 9)
note: this is experimental technique, find when I'm scalping using small TF
I wont use this technique again if no retest to 1988 and 1956
treat it as useless technique, or treat it as a number like fibo (as u know not all number in fibo need to be retested)
just mark all the curve from the MA (the blue MA, on this chart MA 9)
note: this is experimental technique, find when I'm scalping using small TF
I wont use this technique again if no retest to 1988 and 1956
treat it as useless technique, or treat it as a number like fibo (as u know not all number in fibo need to be retested)
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on daily quite hard to use MA 55, but it still okay since MA = trend, under ma = bearish trend, also under ma = under mid zone RSI
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MA 55 on daily zoom out
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summary of daily
MA 9 = 2060, 2034, 2007, 1988, 1956
MA 55 = 2030, 1995, 1943, 1894, 1876
now here the MA 55 of 4h
MA 55 = 2064, 2037, 2006, 1987, 1956
as you can see very similar to MA 9 of daily, so we can use this similarity to confirm there is connection between MA 9 and MA 55 using different timeline
MA 9 = 2060, 2034, 2007, 1988, 1956
MA 55 = 2030, 1995, 1943, 1894, 1876
now here the MA 55 of 4h
MA 55 = 2064, 2037, 2006, 1987, 1956
as you can see very similar to MA 9 of daily, so we can use this similarity to confirm there is connection between MA 9 and MA 55 using different timeline
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MA 9 weekly
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REMINDER DIFFERENT BROKER DIFFERENT MA