Today (5/6)’s top entry point! (ETHUSD)
All-in-one for FX, Binary Options, and Nikkei 225!
Indicator for MetaTrader (MT4)
Today (5/6)’s ironclad entry point!
(ETHUSD)
★Enter on breakout above the turning line or breakout below (click image to enlarge)
Among the many moving averages, in an uptrend,
there exist certain linesthat function effectively as support lines during pullbacks and have a fixed width.There are such lines.
Also, in a downtrend,
there exist lines that act as resistance during retracements and have a fixed width..
In other words, if the uptrend breaks below the support line, a downtrend begins, and
if in a downtrend 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 Tenjo Chart (Reiwa version), not only moving averages,
【Even just moving averages are this amazing!!】