Today (4/20)’s solid entry point! (USDJPY)
FX, Binary Options, and Nikkei 225 - All supported!
Indicator for MetaTrader (MT4)
Today's (4/20) unbeatable entry point!
(USDJPY)
★Break the conversion line with a break above/below to enter! (Click image to enlarge)
Among numerous moving averages, in an uptrend,
there are lines that function effectively assupport lines during dips as lines with a certain widththat act as Support
Also, in a downtrend,
retracements act asresistance lines of a certain width that function effectively.
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 the resistance line without bouncing, an uptrend begins.
In short, support and resistance lines become turning lines.
This concept also applies to indicators.
In the Tenbi Chart (Reiwa版), not only moving averages,
【Even just moving averages are awesome!!】