Today's (3/5) top recommended iron-clad entry! (BTCUSD)
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Indicator for MetaTrader (MT4)
Today’s (3/5) top pick solid entry!
(BTCUSD)
★Breakout through the turning line entry! (Click the image to enlarge)
Among many moving averages, in an uptrend there exists a certain-width line that
acts effectively as a support line (support)for pullbacks and has a certain width that functions as a reliable line.
Similarly, in a downtrend,
there exists a certain-width line that functions effectively as a resistance line for pullbacksto act as a resistance line.
In other words, if in an uptrend the price breaks below the support line, a downtrend begins, and
if in a downtrend the price breaks above the resistance line without bouncing, an uptrend begins.
the support and resistance lines become turning lines.
This concept also applies to indicators.
In the Tenka Chart (Reiwa version), not only moving averages but also
the indicator’s curve bandsfunction as support and resistance lines, shown clearly as turning lines.
【Even with only moving averages, this is amazing!!】