Today (5/8)’s hot entry point! (USDJPY)
FX, Binary Options, and Nikkei 225 - All-in-One Support!
MetaTrader (MT4) Indicator
Today (5/8)’s ironclad entry point!
(USDJPY)
★Breakthrough of the turning line for entry (click image to enlarge)
Among many moving averages, in an uptrend,
there are moving-average linesthat act effectively as a support line during pullbacks of a certain widthwidth.
In addition, in a downtrend,
there are moving-average linesthat function effectively as resistance lines during retracementsof a certain width.
In other words, if the price breaks below a support line in an uptrend, it signals the start of a decline, and
if in a downtrend it breaks above a resistance line without being bounced back, it signals the start of an rise.
the support and resistance lines become turning lineswhich is to say that they turn into turning lines.
This concept also applies to indicators.
In the Ten-Sou Chart (Reiwa edition),not only moving averages, but
【Ten-Sou Chart (Reiwa edition)】
【Even just moving averages can be this amazing!!】