Today's (3/9) ironclad entry point! (EURUSD)
All-encompassing for FX, binary options, and Nikkei 225!
Indicator for MetaTrader (MT4)
Today's rock-solid entry point! (3/9)
(EURUSD)
★Enter on a break above/below the turning line (click the image to enlarge)
Among many moving averages, in an uptrend there exists a line of a certain width that
functions effectively as a pullback support lineforwards during uptrends.A certain width lineexists.
Also, in a downtrend,
as a retracement resistance line it functions effectivelya certain width lineexists.
In other words, if the price breaks below the support line in an uptrend, a downturn begins, and
if it breaks above without being bounced off the resistance line in a downtrend, an uptrend begins.
In short,the support and resistance lines become turning linesas a concept.
This concept also applies to indicators.
In the Tenka Chart (Reiwa version), not only moving averages butthe curves of indicators
support lines and resistance lines = turning linesdisplayed clearly as lines that function
【Even moving averages alone are this amazing!!】