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Breaking of maximum and minimum

Local levels breaking pattern. This graphical pattern includes exponential moving averages with the period of 30. It can be selected with a help of technical analysis instruments. Determining the maximum and the minimum of the moving average will help determine the points of market access. With the help of graphical analysis instruments you will create the maximum and the minimal horizontal lines for this indicator.

Many traders believe that a good point of entering the market and buying a call option is the moment when the moving average penetrates the maximum value line. And conversely, when the moving average penetrates the minimum value line, many market players up to buy a put option.

We wish you successful trading with IQ option.

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