Do not miss the unbeatable entry point for USDJPY! (5/17)
FX・Binary Options・Nikkei 225 Support!
A superb indicator for MetaTrader(MT4) is now available!
Don't miss today's decisive entry point on 5/17!
(USDJPY)
★Sure entries at breakouts of the up or down reversal line (click image to enlarge)
In an uptrend, a moving average of a fixed width acts effectively as the support line.Support line.
Similarly, in a downtrend, a fixed-width moving average acts effectively as the resistance line.Resistance line.
In short, in an uptrend, once you break the support line and the decline begins, and in a downtrend, once you exceed the resistance line and the rise begins.
In other words, Support and resistance lines = reversal lines play an important role.
This concept also applies to indicators.
In the Tops and Bottoms Chart (Reiwa Edition), not only moving averages but also indicator-curved bands clearly display lines that function as support/resistance = reversal lines.
【Tops and Bottoms Chart (Reiwa Edition)】
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