Today (1/24)’s top recommended iron-clad entry! (GBPJPY)
❝天底チャート(令和版)❞
Today (1/24)’s recommended ironclad entry!
(GBPJPY)
☆ Moving average support/resistance lines (three dashed lines) and3 dashed lines
Indicator support/resistance lines (3 dashed lines) pull
almost simultaneously, at breakouts/upward and downward exit points, enter!
Among many moving averages, in an uptrend,
there are certain幅s that act effectively as a pullback support lineas the cutoff level.
Also, in a downtrend,
there are certain幅 lines that function effectively as the retracement resistance line.
In other words, if in an uptrend the price breaks below the support line, the downtrend begins, and
if in a downtrend the price breaks above and is not bounced by the resistance line, an uptrend begins.
In short,the support/resistance lines become turning lines.
This idea also applies to indicators.
In the Tenjo Chart (Reiwa edition), not only moving averages butthe indicator curves have
been made to clearly display lines that function as support/resistance lines = turning lines.
\ Go to the product page for 【Tenjo Chart (Reiwa version)】 on GoGoJunction
https://www.gogojungle.co.jp/tools/indicators/42380