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Classic moving average operation rules
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First, the 20-day moving average is flat, it is time to rest, there is no market for the time being.
Second, the 60-day moving average is flat, ready to work, indicating that the currency price is trading sideways at the bottom.
Third, the 90-day moving average is running upward, ready to welcome the large-band rising market, the main rising wave may be about to begin.
Fourth, if the 120-day moving average is flat, it means that the currency price is about to see the dawn, which is a benchmark for the conversion of bulls and bears.
Don’t know the current trend, is it rising or falling?
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