Today's (4/19) ironclad entry point! (USDJPY)
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Indicator for MetaTrader (MT4)
Today’s (4/19) ironclad entry point!
(USD/JPY)
★Break above/below the turning line to enter! (Click the image to enlarge)Among the many moving averages, in an uptrend,there are certain-width lines that effectively function assupport lines during pullbacks— a line of a certain width exists.Also, in a downtrend,return rallies act as resistance linesof a certain width.In other words, if in an uptrend the price breaks below the support line, a downtrend begins, andin a downtrend, if it breaks above without being bounced by the resistance line, an uptrend begins.In short, the support and resistance lines become turning lines.This concept also applies to indicators.In the Ten-Base Chart (Reiwa Edition), not only moving averages but alsothe indicator’s curved bands function as support/resistance lines—turned into turning lines—displayed clearly.【Ten-Base Chart (Reiwa Edition)】Sales page is here【Even with only moving averages, this is amazing!!】Sales page is here (Click the image to enlarge)
Among the many moving averages, in an uptrend,
there are certain-width lines that effectively function assupport lines during pullbacks— a line of a certain width exists.
Also, in a downtrend,
return rallies act as resistance linesof a certain width.
In other words, if in an uptrend the price breaks below the support line, a downtrend begins, and
in a downtrend, if it breaks above without being bounced by the resistance line, an uptrend begins.
In short, the support and resistance lines become turning lines.
This concept also applies to indicators.
In the Ten-Base Chart (Reiwa Edition), not only moving averages but also
【Ten-Base Chart (Reiwa Edition)】
【Even with only moving averages, this is amazing!!】
