Among many moving averages, in an uptrend,

there is a line that serves effectively as asupport line (support) during pullbacks that has a certain widthand works as a support

Furthermore, in a downtrend,

there exists a line that acts effectively as aresistance line during retracementswith a certain width.

In other words, if prices do not stop at support and break, a downtrend begins, and

if prices break above resistance without being bounced in a downtrend, an uptrend begins.

Thus,the support and resistance lines become turning lines.

This concept also applies to indicators.

In the Tenjo Chart (Reiwa edition), not only moving averages butthe indicator’s curved bands also

【Tenjo Chart (Reiwa edition)】

　　　

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【With moving averages alone, this is amazing!!】

　　　

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