Don’t miss the guaranteed winning entry point for BTCUSD! (5/27)
FX, Binary Options, and Nikkei 225 Compatible!
A powerful indicator for MetaTrader (MT4) is here!
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(BTCUSD)
★Sure-entry with breakout lines up or down! (Click image to enlarge)
In an uptrend, a moving average of a fixed width acts effectively as a support line during pullbacks. Support line.
Similarly, in a downtrend, a fixed-width moving average serves as resistance during retracements. Resistance line.
In short, in an uptrend, a break of the support line begins a decline, and in a downtrend, exceeding the resistance line begins an ascent.
In other words, Support and resistance lines = turning lines play an important role.
This concept also applies to indicators.
In the Tencho Chart (Reiwa version), not only moving average lines but also indicator curves visually display lines that function as support/resistance = turning lines.
【Tencho Chart (Reiwa Version)】
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