Today's (3/28) ironclad entry point! (USDJPY)
All FX, Binary Options, and Nikkei 225 support!
Indicator for MetaTrader (MT4)
Today's (3/28) ironclad entry point!
(USDJPY)
★Entry on break above/below the transition line! (Click image to enlarge)
Among the many moving averages, in an uptrend,
there is a line that acts as asupport line that works effectively as asupport line of a certain widthrange.
Also, in a downtrend,
there exists a line that serves effectively as aresistance line with a certain widthrange.
In other words, if in an uptrend you break a support line without stopping, a downtrend begins, and
in a downtrend, if you break above a resistance line without being bounced, an uptrend begins.
Support and resistance lines become turning lines.
This concept also applies to indicators.
In the Tenkan/Bottom Chart (Reiwa edition),not only moving averages but
【Tenkan/Bottom Chart (Reiwa version)】
【Even with just moving averages, this is amazing!!】