Today's (3/4) top-rated ironclad entry! (ETHUSD)
FX, Binary Options, and Nikkei 225 all covered!
Indicator for MetaTrader (MT4)
Today's top pick entry for today (3/4)!
(ETHUSD)
★Breakout of the turning line for entry! (Click image to enlarge)
Among numerous moving averages, in an uptrend there exists a line of a certain width that can serve effectively as a
support line on pullbacksduring pullbacks and functions as an effectivecertain-width line.
Likewise, in a downtrend,
there exists a line of resistance that works asa certain width line for reversals.
In other words, if in an uptrend the price breaks below the support line, that marks the start of a decline, and
in a downtrend, if price breaks above the resistance line without bouncing, that marks the start of an ascent.
This is the idea.
In short, the support and resistance lines become turning lines.This concept also applies to indicators.
On the Ten-Tsū Chart (Reiwa edition), not only moving averages but also
the indicator's curved bands clearly display lines that function as supporting and resisting lines = turning lines in an easy-to-understand way
【Ten-Tsū Chart (Reiwa edition)】
【Even with just moving averages, this is amazing!!】