Today's (3/7) top recommended ironclad entry! (EUR/CUSD)
All-in-one for FX, binary options, and Nikkei 225!
Metatrader (MT4) Indicator
Today's top pick entry! (3/7)
(EURUSD)
★Enter on breakout of the upward or downward line! (Click image to enlarge)
Among the many moving averages, in an uptrend there exists certain-width lines
that effectively function as asupport line in pullbacks— a line of certain width.
Similarly, in a downtrend,
there exist lines that effectively function asresistance lines for retracementsof a certain width.
In other words, if an uptrend breaks below a support line, a decline starts, and
if in a downtrend it crosses above a resistance line without bouncing, an uptrend starts.
In short, the support and resistance lines become turning lines.
This idea also applies to indicators.
On the Tenkan Chart (Reiwa version), not only moving averages but also the indicator’s curve bands
display lines that clearly function as support and resistance lines = turning lines in an easy-to-understand way.
【Tenkan Chart (Reiwa version)】
【Even with just moving averages, this is amazing!!】