Today's top star entry today (1/30)! (EURUSD)
❝天底チャート(令和版)❞
Today’s top pick ironclad entry (1/30)!
(EURUSD)
☆ Moving average supports/resistances (three lines broken)
Support/Resist lines of indicators (three lines broken)
entry near the breakout/breakdown point almost simultaneously!
Among many moving averages, in an uptrend there are certain widths of lines
that effectively act assupport lines during pullbacks.
Also, in a downtrend,
there exist certain width lines that effectively act asresistance lines during retracements.
In other words, if in an uptrend the price breaks below a support line, a downtrend begins, and
if in a downtrend it breaks above a resistance line without bouncing, an uptrend begins.
In other words,the support/resistance lines become turning lines.
This idea also applies to indicators.
In the Tenchi-to Chart (Reiwa Version), not only moving averages but also
indicator curve bands function as turning lines with easy-to-understand displays.
\ 【Tenchi-to Chart (Reiwa Version)】 product page on Gogojan is here/
https://www.gogojungle.co.jp/tools/indicators/42380