Today's (4/29) ironclad entry point! (ETHUSD)
FX, Binary Options, and Nikkei 225 all covered!
Indicator for MetaTrader (MT4)
Today's ironclad entry point! (4/29)
(ETHUSD)
★Enter when Breakout of the Turning Lineupward/downward break (click image to enlarge)
Among many moving averages, in an uptrend,
there are certain widths of lines thatact effectively as support lines during pullbacks and serve as lines of support at a certain width.
Also, in a downtrend,
there are lines thatfunction effectively as resistance linesat a certain width.
In other words, if in an uptrend the price breaks below the support line, a downtrend begins, and
if in a downtrend the price breaks above the resistance line without bouncing, an uptrend begins.
In short,the support and resistance lines turn into turning lines.
This concept also applies to indicators.
In the Doji Bottom Chart (Reiwa version),not only moving averages but
【Doji Bottom Chart (Reiwa Version)】
【Even with just moving averages, this is amazing!!】