the power of Moving Average technical indicator
> first there is the line daxn in pink , which indicate the moving average 10 ,as we see is a real great powerful tool ,that indicates the buy and sell signal : if the price penetrate the MA to the upside so its a buy signal , and if the price break the MA to the downside so its a sell signal , but we need to be careful , and chose the right MA (MA 9,20,50....) .
>second there is the blue trend rhat represent a suport line , which means we sell if the price breakout this line which is obvious at 2014-12-08 .
>and last but not least there is the two support and resistance lines that dominate the price between 115.987 and 120.696 , which is obvious that we're gonna buy if the price penetrate the resistance line when we need to put a stop loss a little bit ahead, and sell when it's gonna break through the support line .
do not forget to comment below , to shre our ideas , i hope you succeed .
>second there is the blue trend rhat represent a suport line , which means we sell if the price breakout this line which is obvious at 2014-12-08 .
>and last but not least there is the two support and resistance lines that dominate the price between 115.987 and 120.696 , which is obvious that we're gonna buy if the price penetrate the resistance line when we need to put a stop loss a little bit ahead, and sell when it's gonna break through the support line .
do not forget to comment below , to shre our ideas , i hope you succeed .