Today's (2/15) Top Pick Steel Plate Entry! (USDJPY)
❝天底チャート(令和版)❞
Today's top pick entry on 2/15! (USDJPY)
★ Moving average support/resistance lines (3 lines dashed) and
indicator support/resistance lines (3 lines dashed) simultaneously
crossing upward/downward points for entry!
Among the many moving averages, in an uptrend,
there are certain width lines that function effectively as support lines during pullbacks (support lines).
Also, in a downtrend,
there are certain width lines that effectively function as resistance lines during retracements.
In other words, if price breaks below a support line in an uptrend, it signals the start of a decline,
and if price breaks above a resistance line in a downtrend without being pushed back, it signals the start of an uptrend.
In short, the support and resistance lines become turning lines.
This concept also applies to indicators.
In Tenshisan Chart (Reiwa Edition), not only moving averages but also the indicator curves are displayed clearly as
support lines and resistance lines = turning lines that function as turning lines.
【Tenshisan Chart (Reiwa Edition)】
【Even with just moving averages, this is amazing!!】