The moving average indicator is an indicator that calculates the average price on your chart. So for example, if you have a 20-day moving average, it simply calculates the average price over the last 20 days. If you have a 50-day moving average, it calculates the average price over the last 50 days. What you're seeing on the chart right now is a 50-day moving average, and one way to go about using the moving average indicator is to use it as an area of value to identify trading opportunities.

So for example, over here, the price retest the moving average once, then head down lower, re-test the 50-day moving average twice, then head down lower. and right now it re-tests the 50-day moving average once again, and if you look carefully, it also retests this previous support support which could become resistance. So at this point in time, right? let's see what happens next. So in this case, the market stored lower and had a lower close over here which is assigned a sign that sellers are stepping in and could take the price down lower and that's a shorting opportunity to see if the price could go down lower.