Do not miss GBPJPY's sure-win entry point! (5/19)
FX, Binary Options, and Nikkei 225 Compatible!
An excellent indicator for MetaTrader (MT4) has arrived!
Don't miss today's proven entry point on 5/19!
(GBP JPY)
★Sure entries at breakout and breakdown turning lines! (Click image to enlarge)
In an uptrend, a moving average of a fixed width serves effectively as a support line.
Similarly, in a downtrend, a moving average of a fixed width serves effectively as a resistance line.
In short, in an uptrend, breaking the support line starts the decline, and in a downtrend, breaking above the resistance line starts the rise.
Support and resistance = turning linePlay an important role as turning lines.
This concept also applies to indicators.
In the Tenka Chart (Reiwa version), not only moving averages but also the indicator’s curved bands clearly display lines that function as support lines, resistance lines, and turning lines.
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