Today's decline point for Nikkei 225 looking at 30-minute and 1-hour charts!
FX・Binary Options・Nikkei 225 Compatible!
A Great Indicator for MetaTrader (MT4) Has Arrived!
Nikkei 225 drop points on 30-minute and 1-hour charts! (5/23)
（Japan225 30-minute chart）
（Japan225 1-hour chart）
★Confirm entry at breakout lines (upward/breakout and downward/breakout)! (Click image to enlarge)
In an uptrend, moving averages of a certain width effectively serve as asupport line.
Similarly, in a downtrend, a moving average of a certain width effectively serves as aresistance line.
In short, in an uptrend, a break of the support line begins a decline, and in a downtrend, a break above the resistance line begins an ascent.
In other words,Support and resistance = turning linesPlay an important role as turning lines.
This concept also applies to indicators.
In the Tops and Bottoms Chart (Reiwa version), lines that function as support/resistance = turning lines are clearly displayed not only for moving averages but also for the indicator’s curved bands.
【Tops and Bottoms Chart (Reiwa version)】
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