Don’t miss the Nikkei 225 surefire entry point! (5/24)
FX, Binary Options, and Nikkei 225 Supported!
A Superior Indicator for MetaTrader (MT4) Has Arrived!
Don’t miss today's (5/24) sure-fire entry point!
(Japan225)
★Sure-entry at breakout and breakdown turning lines! (Click image to enlarge)
In an Uptrend, a moving average at a fixed width serves effectively as the support line. It acts as support when prices pull back.
Similarly, in a Downtrend, a fixed-width moving average serves as the resistance line during pullbacks.
In short, in an uptrend, a break of the support line signals the start of a decline, and in a downtrend, topping beyond the resistance line signals the start of an up move.
In other words, support and resistance lines = turning lines play a crucial role.They serve as turning points.
This concept also applies to indicators.
In the Tenka Chart (Reiwa Edition), not only moving averages but also indicator curves clearly display lines where support/resistance = turning lines function, making them easy to identify.
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