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How to Trade Using Market Structure | Brian Shannon CMT

The TraderLion Podcast

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Is There a 50-Day Moving Average?

The truth in the market is an agreed-upon collection of, I don't know, not lies, but reference points. The psychology of why they tend to act as support or resistance are more important than just saying it's a 50-day moving average. When prices move back and forth above and below moving averages, it represents indecision. And moving average crossovers are the worst type of indecision.

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