📊 Day 23 — Moving Averages (EMA & SMA)

Moving averages help traders see the trend clearly by smoothing price noise.

💡 What Is a Moving Average?

It’s the average price over a specific period, plotted on the chart.

🔹 Two Main Types

SMA (Simple Moving Average)

Equal weight to all prices

Slower, more stable

Best for identifying long-term trends

EMA (Exponential Moving Average)

More weight to recent prices

Faster reaction

Preferred by short-term traders

🟦 How Traders Use Them

Price above MA → bullish bias

Price below MA → bearish bias

EMA crossovers → potential entry/exit signals

MAs often act as dynamic support & resistance

🎯 Key Takeaway

Moving averages don’t predict — they confirm trend direction.

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