Don’t miss the guaranteed winning entry point for EURUSD! (5/12)
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A superb indicator for MetaTrader (MT4) is now available!
Today (5/12) don’t miss the sure-win entry point!
(EURUSD)
★Enter reliably at breakout and breakout-reverse lines! (Click image to enlarge)
In an uptrend, a moving average of a fixed width serves effectively as a support line for pullbacks.It also functions as a support line during pullbacks in an uptrend.
Similarly, in a downtrend, a fixed-width moving average serves as a resistance line for retracements.
In short, in an uptrend, a break of the support line signals the start of a decline, and in a downtrend, breaking above the resistance line signals the start of an ascent.
In other words, support and resistance become breaking lines that play a crucial role as turning lines.
This concept also applies to indicators.
In the Bottom Chart (Reiwa Version), not only moving averages but also the indicator’s curved bands clearly display lines that function as support/resistance = turning lines.
【Bottom Chart (Reiwa Version)】
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【Even with just moving averages, this is amazing!!】