Today (1/31) Today's top priority ironclad entry! (GBPJPY)

❝Tenchi Chart (Reiwa Version)❞

Today's top pick ironclad entry (1/31)!

(GBPJPY)

☆ Moving average support/resistance (3 lines dashed) and

Indicator support/resistance (3 lines dashed) break points

nearly simultaneous break-out points for entry!

Among the many moving averages, in an uptrend there exists a certain width line that effectively acts as a

pullback support (support line).

Also, in a downtrend, there exists a certain width line that effectively acts as

a retracement resistance line (resistance line).

In other words, if in an uptrend the price does not stop at the support line and breaks through, a decline begins, and

in a downtrend if it breaks above the resistance line without bouncing, an uptrend starts.

In short,the support and resistance lines become reversal lines.

This concept also applies to indicators.

In Tenchi Chart (Reiwa Version), not only the moving averages, butthe indicator curves also

display lines that clearly indicate the support/resistance = reversal lines.

＼【Tenchi Chart (Reiwa Version)】 product page on Gogojangen is here／