I don't know why...and I can't explain why moving average forms some resistance/support level with a theory (e.g. perhaps anchor theory? - people evaluate prices with moving average level to find out whether a current price is under/overpriced)?
Yesterday EURUSD depreciated when it reached ma100 in 1 h time frame and eventually went above it 2 hours later. - perhaps, it is signalling bullish sentiment now. To me, Moving average level is quite important cos I use them to determine whether a security is in bullish/bearish sentiment.
I also monitor moving average 13 and 5 and 0.
any other your favourite moving average level?
Yesterday EURUSD depreciated when it reached ma100 in 1 h time frame and eventually went above it 2 hours later. - perhaps, it is signalling bullish sentiment now. To me, Moving average level is quite important cos I use them to determine whether a security is in bullish/bearish sentiment.
I also monitor moving average 13 and 5 and 0.
any other your favourite moving average level?
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Is there any reason that you use std dev instead of BB?