Today's (4/22) top entry point! (BTCUSD)
All about FX, Binary Options, and Nikkei 225!
Indicator for MetaTrader (MT4)
Today's rock-solid entry point! (4/22)
(BTCUSD)
★Breakthrough from the conversion lineupward or downward breakout to enter! (Click image to enlarge)
Among the many moving averages, in an uptrend,
a risingsupport linethat functions effectively asa line with a certain widthexists.
Also, in a downtrend,
a retracementresistance line (resistance)that functions effectively asa line with a certain widthexists.
In other words, if the price does not stop at the support line in an uptrend and breaks below, a downtrend begins, and
in a downtrend, if it breaks above the resistance line without bouncing back, an uptrend begins.
In short,the support and resistance lines become conversion linesas a concept.
This concept also applies to indicators.
In the Tenka Chart (Reiwa edition),not only moving averages,
【Even with just moving averages, this is amazing!!】
