Today (3/14)’s ironclad entry point! (USDJPY)
All-in-one for FX, Binary Options, and Nikkei 225!
Metatrader (MT4) Indicator
Today (3/14)’s solid entry point!
(USDJPY)
★Breakout of the turning line Entry (Click image to enlarge)
Among the many moving averages, in an uptrend,
there are certain width lines that act effectively assupport lines during pullbacks in the uptrend with a consistent widthline.
Also, in a downtrend,
there are width lines that function effectively asresistance lines during retracementswith a consistent widthline.
In other words, if in an uptrend the price breaks below the support line, a downtrend begins, and
in a downtrend, if 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.
On the Tenka Chart (Reiwa version), not only moving averages but
the indicator’s curved bands alsofunction as support/resistance lines—the turning lines—displayed clearly.
【Even with just moving averages, this is amazing!!】